Predicting the price likely to result from a judicial appraisal of an acquired company’s shares continues to vex acquirers and stockholders alike. The principles for determining appraisal values received a lot of attention...more
Predicting the price likely to result from a judicial appraisal of an acquired company’s shares continues to vex acquirors and stockholders alike. The principles for determining appraisal values received a lot of attention...more
In 2015, Hewlett Packard acquired Aruba for a negotiated price of $24.67 per share, or about $2.8 billion. Several stockholders sought appraisal. On February 15, the Delaware Court of Chancery found that, for purposes of...more