Management Projections Given Weight in DCF Valuation

Business Valuation Update BVLaw
Legal and Court Case Update
July 25, 2003
shareholder dissent/oppression

Michael F. Taylor v. American Speciality Retailing Group, Inc.
No. 19239 (Del. Chan. 2003)
US
State Court
Delaware
Court of Chancery
Michael Kern <br> Andrew P. Wilkinson <br>
Lamb

Summary

The Delaware Court of Chancery considered the fair value of a minority interest in a retail sporting goods chain.

See Also

Michael F. Taylor v. American Speciality Retailing Group, Inc.

The Delaware Court of Chancery considered the fair value of a minority interest in a retail sporting goods chain. The court considered the experts’ discounted cash flow, comparable company, and transaction valuations. It gave great weight to the managemen ...