First Step of a Two-Step Transaction Culminating in a Merger Fully Considered in Fair Value Determination

Business Valuation Update BVLaw
Legal and Court Case Update
August 26, 2004
dissenting shareholder

Cede & Co., Inc. v. MedPointe Healthcare, Inc.
No. 19354-NC (Del. Chan. 2004)
US
State Court
Delaware
Court of Chancery
Stuart M. Grant, Thomas J. Allingham II
Richard Ruback <br> Michael van Biema <br>
Noble

Summary

The Delaware Court of Chancery determined the fair value of publicly held stock in this dissenting shareholders’ action.

See Also

Cede & Co., Inc. v. MedPointe Healthcare, Inc.

The Delaware Court of Chancery determined the fair value of publicly held stock in this dissenting shareholders’ action. The shareholders dissented from a two-step merger. However the court treated the first step as completed in making its fair value dete ...