Delaware Supreme Court: Should Market Price Conclusively Establish Fair Value?

Business Valuation UpdateVol. 17 No. 3
Legal and Court Case Update
March 2011
dissenting shareholder

Global GT LP v Golden Telecom, Inc. (II)
2010 WL 5387589 (Del. Supr.)
December 29, 2010
US
State Court
Delaware
Supreme Court
unnamed
Steele

Summary

Delaware Supreme Court declines to adopt a “bright line” rule requiring appraisal authorities to defer to the merger price in determining statutory fair value.

See Also

Global GT LP v Golden Telecom, Inc. (II)

Delaware Supreme Court declines to adopt a “bright line” rule requiring appraisal authorities to defer to the merger price in determining statutory fair value.