Fair Value of Tobacco Retailer Determined

Business Valuation Update BVLaw
Legal and Court Case Update
February 4, 2004

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0179 Fruits and Tree Nuts, NEC
shareholder dissent/oppression
Cede & Co. v. JRC Acquisition Corp., et al.
No. 18648-NC (Del. Chan. 2004)
US
State Court
Delaware
Court of Chancery
Ari C. Burstein, Arthur N. Abbey, Herbert W. Mondros, Joseph A. Rosenthal, Joshua N. Rubin, Michelle A. Coffey, Peter J. Walsh Jr., Sarah E. DiLuzio
Charles DeVinney, ASA, CFA <br> Gregg Allen Jarrell <br>
Chandler, III

Summary

The Delaware Court of Chancery determined the fair value of 652,400 shares of 800-JR Cigar Inc.

See Also

Cede & Co. v. JRC Acquisition Corp., et al.

Full Text of Court Cases
February 4, 2004

The Delaware Court of Chancery determined the fair value of 652,400 shares of 800-JR Cigar, Inc. In doing so it rejected a comparable transaction valuation because the alleged comparables were in a different, but related industry. It also rejected an anal ...