Transaction Price Considers Post-Merger Management

Business Valuation Update BVLaw
Legal and Court Case Update
May 13, 1999

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shareholder dissent/oppression
Miller Brothers Industries, Inc. v. Lazy River Investment Co.
NYLJ, May 13, 1999, NYLJ, November 18, 1999
US
State Court
New York
Supreme Court
J. Mark Penny <br> Robert P. Jones, MAI <br> William Brown <br>
Tompkins

Summary

The New York Supreme Court, IA Part 7, determined that the merger price was the fair value of a Nasdaq traded company.

See Also

Miller Brothers Industries, Inc. v. Lazy River Investment Co.

Full Text of Court Cases
May 13, 1999

The New York Supreme Court, IA Part 7, determined that the merger price was the fair value of a NASDAQ traded company. The court determined that the merger price was the result of arms'-length negotiations and considered that changes would be implemented ...