Garbage in, garbage out – Court rejects DCF model based on flawed projections
$225.00
Description
Abstract: The Delaware Court of Chancery deferred to the deal price, not a DCF analysis, in a recent going-private merger of pet specialty retailer PetSmart. Though DCF is often seen as the “gold standard” among valuation tools, this article shows how this method is only as reliable as its underlying assumptions. In re Appraisal of PetSmart, Inc., Delaware Ch., C.A. No. 10782-VCS, May 26, 2017
Additional information
Year | |
---|---|
Niche | |
Newsletter | |
Issue | |
Word Count |