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Corporate

Mar. 23, 2006

After a Merger, Bar Is Higher for Dissenters to Challenge It

Focus Column - By Thomas C. Klein Minority - shareholders objecting to the acquisition of their corporation may dissent from the acquisition and have their shares bought out for fair value. Every state has adopted some form of statutory appraisal procedure for determining the fair value of dissenting shareholders' shares. Historically, the consent of every shareholder was required to effect an acquisition of a corporation.

Focus Column

By Thomas C. Klein
        
        Minority shareholders objecting to the acquisition of their corporation may dissent from the acquisition and have their shares bought out for fair value. Every state has adopted some form of statutory appraisal procedure for determining the fair value of dissenting shareholders' shares. Historically, the co...

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