Delaware Supreme Court Affirms Appraisal Ruling Relying On DCF Analysis To Determine Fair Value
Shearman & Sterling
FEBRUARY 3, 2021
On January 22, 2021, the Delaware Supreme Court affirmed en banc the Delaware Court of Chancery's decision appraising outsourcing and financial services company SourceHOV Holdings, Inc. based on a discounted cash flow analysis ("DCF"). Manichaean Capital LLC, No. SourceHOV Holdings Inc. 215, 2020 (Del.
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