Delaware Chancery Court Determines Fair Value of Minority Interest Buyout—Cites Differences in Cash-Flow Assumptions as Cause for Large Discrepancy in Value
August 30, 2023 | Court Rulings, Valuations
Ramcell, Inc. v Alltel Corp., 2022 Del. In this appraisal action to determine fair value, petitioner Ramcell Inc. exercised its appraisal rights in asking for a statutory appraisal of the value of its 155 shares of Jackson Cellular Telephone Co. Inc. The respondent, Alltel Corp. (dba Verizon Wireless), had converted the 155 shares at a Continue Reading »