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Expert Analysis

Parsing M&A Liquidity And Fair Value In Del. And Caymans

By Erik Himan and Carlos Penikis (May 3, 2022, 5:36 PM EDT) -- In certain jurisdictions, investors in companies that are acquired may dissent from selling their shares at the offered consideration, and instead opt for judicial appraisal of the value of their shares. In Delaware and in the Cayman Islands, the court will award what it assesses to be the fair value of such shares....

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