Valuation Upheld Against Party That Fails to Use Independent Valuation Sources

Business Valuation UpdateVol. 11 No. 12
Legal and Court Case Update
December 2005
4812 Radiotelephone Communications
517312 Wireless Telecommunications Carriers (except Satellite)
shareholder dissent/oppression
control premium, weighted average cost of capital (WACC), appraisal action, discounted cash flow (DCF), minority discount, earnings before interest, taxes, depreciation, amortization (EBITDA), guideline publicly-traded company method, comparable transactions method

Montgomery Cellular Holding Co., Inc. v. Dobler
2005 Del. LEXIS 295
August 1, 2005
US
State Court
Delaware
Supreme Court
Dawn M. Jones, Kenneth J. Nachbar, Laura C. Mow, Martin S. Lessner, Samuel T. Hirzel, Thomas J. Dougherty
Marc B. Sherman (for Dobler)<br>Kenneth D. Gartrell (for Montgomery)
Jacobs

Summary

Verizon Inc. had offered to buy MCHC’s majority holder, Palmer Wireless Holdings (Palmer), if Verizon’s initial public offering was successful and if Palmer could acquire 100% of the stock in all of the companies it held.

See Also

Montgomery Cellular Holding Co., Inc. v. Dobler

Verizon Inc. had offered to buy MCHC’s majority holder, Palmer Wireless Holdings (Palmer), if Verizon’s initial public offering was successful and if Palmer could acquire 100% of the stock in all of the companies it held.