In most mergers and acquisitions, stockholders who are cashed out of their shares have the option of dissenting from the deal and seeking the “fair value” of their shares instead of the proposed merger consideration. Such dissenter’s rights have traditionally been a minor consideration for dealmakers, since typically only a small fraction of stockholders have opted to pursue appraisal, and appraisal rights seldom affected the overall economics of a merger.

Several recent developments, however, have created new and more substantial appraisal-related risks for acquiring companies.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]