Breaking Down the Delaware Supreme Court’s DFC Global Decision**
Appraisal Rights
AUGUST 8, 2017
In addition, the Supreme Court disagreed with chancery that a financial buyer – such as Lone Star, the private equity buyer here – would perform a valuation analysis that was necessarily lower than that done by a strategic buyer. The Supreme Court Rejected the Cross-Appeal and Refused to Disregard the Comparable Companies Analysis.
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