We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Dr Pepper Shines Spotlight On Delaware Appraisal Rights

Law360 (June 8, 2018, 12:56 PM EDT) -- In a June 1, 2018, decision in City of North Miami Beach General Employees’ Retirement Plan v. Dr Pepper Snapple Group Inc., the Delaware Court of Chancery held that appraisal rights are not available to the stockholders of Dr Pepper in connection with a transaction structure (involving a reverse triangular merger and a special cash dividend to the target stockholders) that will result in the sale of control of the company.

Here are the key points of the decision:

The court confirmed that the Delaware appraisal...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.