Attorney(s) appearing for the Case
David A. Jenkins, Esq. , Laurence V. Cronin, Esq. , SMITH, KATZENSTEIN & JENKINS LLP, Wilmington, Delaware; Attorneys for Petitioner.
A. Thompson Bayliss, Esq. , Sara E. Hickie, Esq. , ABRAMS & BAYLISS LLP, Wilmington, Delaware; Attorneys for Respondent.
PARSONS, Vice Chancellor.
In this appraisal action, the petitioner asks the Court to determine the fair value of its shares in the respondent. On November 10, 2012, a third party acquired the respondent in a hostile cash merger for $3.10 per share. The deal had an equity value of approximately $110 million and paid a...
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