Appraisal Rights

AUGUST 1, 2018

The Delaware Court of Chancery just issued two new appraisal rulings: Solera (C. Bouchard) : the Court awarded merger price less synergies, which comes out to 3.4% below deal price; we have previously reported on the Solera case here ; and. Norcraft (V.C. Slights) : the Court awarded a premium of 2.5% above deal price, relying on a DCF analysis and expressly rejecting a valuation based on merger price less synergies.

Appraisal 52

Appraisal Discounted Cash Flow 52

Cooley M&A

AUGUST 1, 2018

On 24 July 2018, the UK government published details of its proposed new regime for the scrutiny of foreign investments that may have national security implications. The details are contained in the National Security and Investment White Paper and a draft Statutory Statement of Policy Intent (together, the “Proposals”). The Proposals build on the Government’s National Security and Infrastructure Investment Review Green Paper published in October 2017, which led to the introduct

Technology 52

Technology 52