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ELK YARN MILLS v. 514 SHARES OF COM. STOCK

742 S.W.2d 638 (1987)

ELK YARN MILLS, et al., Defendant-Appellant, v. 514 SHARES OF COMMON STOCK OF ELK YARN MILLS, INC., etc., et al., Plaintiffs-Appellees.

Court of Appeals of Tennessee, Middle Section, at Nashville.

Permission to Appeal Denied December 7, 1987.

Attorney(s) appearing for the Case

H. Lee Barfield, II, Robert E. Cooper, Jr., Bass, Berry & Sims, Nashville, for defendant-appellant.

Thomas O. Bagley, Stevens, Bagley & Stevens, Fayetteville, William S. Russell, Russell & Russell, Shelbyville, Robert Walker, Eugene J. Podesta, Jr., Heiskell, Donelson, Bearman, Adams, Williams & Kirsch, Memphis, Barry B. White, Lewisburg, for plaintiffs-appellees.

Permission to Appeal Denied by Supreme Court December 7, 1987.

OPINION

CANTRELL, Judge.

In these consolidated actions four groups of shareholders dissented from a plan of merger of Elk Yarn Mills with Elk Merger Corporation and asked the court to set the value of their shares pursuant to T.C.A. § 48-1-909. The primary questions on appeal involve the trial judge's valuation of and the weight given to the factors used in the "Delaware Block" method...

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