Management Projections Given Weight in DCF Valuation

Business Valuation Update BVLaw
Legal and Court Case Update
July 25, 2003
dissenting shareholder

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 ...