Court Methodically Determines Fair Value by Weighting Three Methods

Business Valuation UpdateVol. 4 No. 7
Legal and Court Case Update
July 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. (965 words)   Add to Cart >>
Need help? Contact us:
1-503-479-8200 ext 2 or sales@bvresources.com
7213 Linen Supply
812331 Linen Supply
shareholder dissent/oppression
fair value, dissenting shareholder
Steiner Corp. v. Benninghoff
5 F. Supp. 2d 1117, 1998 U.S. Dist. LEXIS 8040
May 26, 1998
US
Federal Court
Nevada
United States District Court
Allan Kleidon (for Steiner)<br>David Nolte (for Benninghoff)
Reed

Summary

On July 26, 1994, Steiner Corp. merged with Steiner Holding Corp. and bought out all minority shareholders at a price of $1,200 per share, except for respondents who exercised dissenters rights.

See Also

Steiner Corp. v. Benninghoff

Full Text of Court Cases
May 26, 1998

Issue was the fair value of the dissenter's stock under the Nevada dissenter's rights statutes.