Cashed-Out Stockholders Seek Intrinsic Value of Stock, Not Book Value

Business Valuation UpdateVol. 4 No. 4
Legal and Court Case Update
April 1998

Access the Full Article

This article is available with a subscription to any of these products:
Already a subscriber?  Login
This article is also available for purchase. (157 words)   Add to Cart >>
Need help? Contact us:
1-503-479-8200 ext 2 or sales@bvresources.com
6141 Personal Credit Institutions
522291 Consumer Lending
breach of fiduciary duty
breach of fiduciary duty
Grubb v. Bagley
1998 Del. Ch. LEXIS 30
February 25, 1998
US
State Court
Delaware
Court of Chancery
Balick

Summary

Defendants seek summary judgment on claims by minority shareholders who were cashed out in a merger where the unaffiliated stockholders received $200 cash for each of their shares in Herget Financial.

See Also

Grubb v. Bagley

Full Text of Court Cases
February 25, 1998

At issue is breach of fiduciary duty and breach of a stockholders' agreement.