'Net Asset Value' Rejected as Form of Liquidation

Business Valuation UpdateVol. 6 No. 4
Legal and Court Case Update
April 2000
6719 Offices of Holding Companies, NEC
551112 Offices of Other Holding Companies
dissenting shareholder
fair value, net asset value, american institute of certified public accountants (AICPA), cash-out merger

Paskill Corp. v. Alcoma Corp.
747 A.2d 549,2000 Del. LEXIS 117
March 7, 2000
State Court
Supreme Court


This appeal arose out of a cash-out merger of the minority stockholders of a closed-end investment fund known as Okeechobee Inc.

See Also

Paskill Corp. v. Alcoma Corp.

At issue is the fair market value of minority shareholder's stock at the time of a merger.