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18 Jun 2019, 6:42 am
This case is the third in a recent trilogy of precedent-setting Delaware appraisal cases, preceded by DFC Global Corp. v. [read post]
11 Dec 2023, 9:05 pm
(Notably, by the time the Synutra opinion overruled the M&F Worldwide opinion’s allowance for equitable review of the value stockholders received in a controlling stockholder squeeze-out, the ability of stockholders to challenge the merger price through statutory appraisal – touted particularly by the Cox Communications court, and to a lesser degree by the In re MFW court as a backstop protection — was severely truncated by DFC Global Corp. v. [read post]