SWS Group: The Breakdown
Appraisal Rights
JUNE 5, 2017
Further to our prior post about Delaware’s two new appraisal decisions, SWS Group was a small, struggling bank holding company that merged on January 1, 2015 into one of its own substantial creditors, Hilltop Holdings. With regard to beta, the court found fault with both side’s approach. at closing. below the merger price.
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