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Expert Analysis

Takeaways From Delaware's PetSmart Appraisal Decision

By Gail Weinstein, Brian Mangino, Andrea Gede-Lange and Randi Lally (June 12, 2017, 2:43 PM EDT) -- In In re Appraisal of PetSmart Inc. (May 26, 2017), which related to the acquisition of PetSmart by funds managed by private equity firm BC Partners Inc., the Delaware Court of Chancery determined "fair value" for appraisal purposes to be equal to the merger price....

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