Merger Terms and Unconsummated Prior Offers Not Relevant to Fair Value Determination

Business Valuation Update BVLaw
Legal and Court Case Update
June 25, 1999
3555 Printing Trades Machinery and Equipment
333244 Printing Machinery and Equipment Manufacturing
dissenting shareholder
discount rate, fair value, going concern, dilution

MPM Enterprises, Inc. v. Gilbert (III)
731 A.2d 790,1999 Del. LEXIS 205
US
State Court
Delaware
Supreme Court
Patricof & Co. Capital Corp. (for Gilbert)<br>Advest, Inc. (for MPM)
Veasey

Summary

This case came before the Delaware Supreme Court on appeal from the Court of Chancery opinion in this statutory appraisal action.

See Also

MPM Enterprises, Inc. v. Gilbert (III)

At issue is whether or not the Court of Chancery committed legal error or abused its discretion in its choice and application of appraisal methods.