X
24Aug

Chancery Values Non-Public Company with No Reliable Market-Based Data Using Discounted Cash Flow Analysis

Kruse v. Synapse Wireless, Inc., C.A. No. 12392-VCS (Del. Ch. July 14, 2020) - This case illustrates how appraisal works outside of the public market context when a lack of data hinders a reliable valuation. Here, stockholder William Richard Kruse (“Kruse”) sought appraisal of his shares of SynapseWireless, Inc. (“Synapse”), a privately-owned corporation. McWane Inc. (“McWane”) acquired Synapse in two rounds of investments: McWane, first, acquired a controlling interest in 2012, and, then,...
By: Morris James LLP
Source Url: https://www.jdsupra.com/legalnews/chancery-values-non-public-company-with-74374/

Related

SuperVision - Labor and Employment Law Insights: Issue 3, 2019

Welcome to the third quarter edition of SuperVision, the e-newsletter for Spilman Thomas & Battle's ...

Read More >

Iterative Diligence: Information in Real-Time is Crucial for Buyers During COVID-19

COVID-19 and its disruptions are not going away anytime soon. Buyers in M&A deals are wise to keep t...

Read More >

[Webinar] What's New in the World of ERISA? - February 13th, 2:00 pm ET

Join Ulmer on February 13 for a Live Webinar on What’s New in the World of ERISA - Journey to the...

Read More >

Pittsburgh Paid Sick Leave Ordinance To Take Effect March 15, 2020

Following a prolonged legal challenge brought by a group of Pittsburgh businesses, Pittsburgh’s pai...

Read More >

2019 Law At Work - Year In Review

They say the only thing in life that is constant is change, and we certainly saw that in 2019. This...

Read More >

Top Five Construction Contract Modifications To Comply With Texas Law

Texas law has certain peculiarities which must be followed when a project is located in Texas. To a...

Read More >