Summary
The Delaware Court of Chancery valued a minority interest as of the date of conversion. It used the merger formula, including an illiquidity discount, to determined the value. The court also dismissed the defendant's arguement that unfavorable interest ma ...
Timothy Tansey v. Trade Show News Networks, Inc., et al. (Tansey II)
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See Also
Valuation of Closely Held Internet Company Based on Majority Shareholder’s Future Projections
The Delaware Court of Chancery valued a minority interest as of the date of conversion. It used the merger formula, including an illiquidity discount, to determined the value. The court also dismissed the defendant's arguement that unfavorable interest ma ...