Management’s Projection Deemed Unreliable

Business Valuation Update BVLaw
Legal and Court Case Update
June 7, 2007
State Court
Delaware
Court of Chancery

Summary

The Delaware Court of Chancery considered the weight given to management projections in deciding the entire fairness of a going private transaction. The board had the liquidation value of the company determined. In that appraisal, the company’s software w ...

See Also

In re Cysive Shareholders Litigation v.

The Delaware Court of Chancery considered the weight given to management projections in deciding the entire fairness of a going private transaction. The board had the liquidation value of the company determined. In that appraisal, the company’s software w ...