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Cede & Co. v. Technicolor, Inc.

Citations

  • 684 A.2d 289
  • 1996 WL 613201

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

  • discussing that the company’s value should take into account the new strategy implemented by a majority shareholder before the minority was cashed-out
  • holding that because management implemented the “Perelman Plan” after a first-step tender offer and before a second-step merger, the trial court was obligated to value the company’s operative reality at the time of the merger based on the Perelman Plan
  • emphasizing that the appraisal statute requires the court to appraise fair value “as of the date of the merger”
  • observing, in context of appraisal of publicly traded company following arm’s-length deal, that the “market price of shares may not be representative of fair value” (internal quotation marks omitted
  • observing, in context of appraisal of publicly traded company following arm’s-length deal, that the “market price of shares may not be representative of fair value” (internal quotation marks omitted
  • observing, in context of appraisal of publicly traded company following arm’s-length deal, that the “market price of shares may not be representative of fair value” (internal quotation marks omitted

Source: CourtListener parenthetical corpus (CC0).

Judges: Walsh, Holland, Horsey

Read full opinion on CourtListener

Cited by

58 cases in this archive cite this case; the 20 most cited are listed.

Cites

21 cases in this archive are cited by this case; the 20 most cited are listed.

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