Publication Date: 2019-09-04
Practice Area: Mergers and Acquisitions
Industry: Investments and Investment Advisory | Mining and Resources
Court: Court of Chancery
Judge: Vice Chancellor Laster
Attorneys: For plaintiff: Samuel T. Hirzel, II, Elizabeth A. DeFelice, Heyman Enerio Gattuso & Hirzel LLP, Wilmington, DE; Lawrence M. Rolnick, Steven M. Hecht, Jonathan M. Kass and Glenn McGillivray, Lowenstein Sandler LLP, New York, NY for petitioners.
for defendant: S. Mark Hurd and Lauren Neal Bennett, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; James R. Warnot, Jr., Adam S. Lurie, Brenda D. DiLuigi, Nicole E. Jerry and Elizabeth M. Raulston, Linklaters LLP, New York, NY for respondent.
Case Number: D68690
In this statutory appraisal proceeding, the court concluded that the deal price was the most persuasive indicator of fair value at the time of the merger.
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