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Delaware Chancery Court Employs Transaction Price To Determine Fair Value In Appraisal Action

Shearman & Sterling

On December 16, 2016, Vice Chancellor J. Travis Laster of the Delaware Court of Chancery relied on the final deal price to determine the fair value of stock in Lender Processing Services, Inc. ("LPS"), in an appraisal action brought by shareholder petitioners after Fidelity National Financial, Inc. ("Fidelity") acquired LPS.

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Delaware Chancery Court Employs Transaction Price To Determine Fair Value In Appraisal Action

Shearman & Sterling

On December 16, 2016, Vice Chancellor J. Travis Laster of the Delaware Court of Chancery relied on the final deal price to determine the fair value of stock in Lender Processing Services, Inc. ("LPS"), in an appraisal action brought by shareholder petitioners after Fidelity National Financial, Inc. ("Fidelity") acquired LPS.

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Delaware Supreme Court Reverses And Remands Appraisal Award But Rejects Bright-Line Presumption In Favor Of Deal Price

Shearman & Sterling

518, 2016 (Del. per share, by giving equal weight to: (1) the deal price, (2) a comparable companies analysis, and (3) a discounted cash flow analysis. DFC Global Corp. Muirfield Value Partners, L.P., The Court of Chancery had calculated a fair value of $10.30 per share, 8.4% higher than the deal price of $9.50

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Delaware Supreme Court Reverses And Remands Appraisal Award But Rejects Bright-Line Presumption In Favor Of Deal Price

Shearman & Sterling

518, 2016 (Del. per share, by giving equal weight to: (1) the deal price, (2) a comparable companies analysis, and (3) a discounted cash flow analysis. DFC Global Corp. Muirfield Value Partners, L.P., The Court of Chancery had calculated a fair value of $10.30 per share, 8.4% higher than the deal price of $9.50

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Strategic Corporate Development in M&A: Driving Innovation and Growth Opportunities

Devensoft

Valuation methods can include discounted cash flow analysis, comparable company analysis, and precedent transaction analysis. Here are some examples of successful M&A deals: Microsoft’s Acquisition of LinkedIn In 2016, Microsoft acquired LinkedIn , the world’s largest professional networking site, for $26.2

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