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Does the Market Out Exception Make Any Sense?

By Rich Bodnar on September 27, 2018
Posted in History of Appraisal, Market-out Exception

M&A Law Prof Blog says no.

In short, the market out exception (at least in Delaware) provides that a shareholder does not have appraisal rights if they are receiving stock and not cash for their shares in the target company. M&A Law Prof Blog compares the current state of appraisal (including the market out…

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