Summary
The Delaware Court of Chancery valued a minority interest as of the date of conversion. It used the merger formula, including an illiquidity discount, to determined the value. The court also dismissed the defendant's arguement that unfavorable interest ma ...
See Also
Timothy Tansey v. Trade Show News Networks, Inc., et al. (Tansey II)
The Delaware Court of Chancery valued a minority interest as of the date of conversion. It used the merger formula, including an illiquidity discount, to determined the value. The court also dismissed the defendant's arguement that unfavorable interest ma ...