Valuation Based on Offer to Buy Rejected

Business Valuation Update BVLaw
Legal and Court Case Update
July 9, 1998
shareholder dissent/oppression

Donald Zatz, et al. v. U.S.A, et al.
No. 97-4287 (2nd Cir. 1998)
US
Federal Court
2nd Circuit
United States Court of Appeals
Per Curiam

Summary

The 2nd Circuit affirmed the Surface Transportation Board's (STB) determination of value in a dissenting shareholder action involving a railroad merger.

See Also

Donald Zatz, et al. v. U.S.A, et al.

The Second Circuit affirmed the Surface Transportation Board's (STB) determination of value in a dissenting shareholder action involving a railroad merger. It affirmed the STB's jurisdiction over the shareholder action as well as its valuation. It rejec ...