Nevada High Court Rules That Shareholders Had Right To Dissent From Merger

Mealey's (July 16, 2021, 10:13 AM EDT) -- CARSON CITY, Nev. — A panel of Nevada Supreme Court justices on July 8 overturned two state trial court rulings in a lawsuit stemming from a denial of fair market value for shares of a company that was subject to a corporate merger, ruling that the trial court erred in holding that the company’s shareholders lacked a right to dissent from the merger and seek fair market value for their shares....

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