Valuation Discounts Allowed in Reverse Merger

Business Valuation Update BVLaw
Legal and Court Case Update
July 24, 1997

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4833 Television Broadcasting Stations
515120 Television Broadcasting
shareholder dissent/oppression
Weigel Broadcasting Company v. Lloyd C. Smith, et al.
No. 1-95-1626 (Ill. App. 1 Dist. 1997)
US
State Court
Illinois
Court of Appeals
Thomas Buono <br> John McCluskey <br>
Wolfson

Summary

The Illinois Court of Appeals, 1st District, affirmed the lower court's decision to apply valuation discounts in this dissenting shareholder action.

See Also

Weigel Broadcasting Company v. Lloyd C. Smith, et al.

Full Text of Court Cases
July 24, 1997

The Illinois Court of Appeals, 1st District, affirmed the lower court's decision to apply valuation discounts in this dissenting shareholder action. The minority shareholders dissented to a cash-out, reverse merger. The court applied valuation discounts.