In Montgomery Cellular Holding Co. ,Inc.v.Dobler,the case in the text,the court applied the ________ test to review competing valuations of minority shares.
A)reasonable corporation
B)International Shoe
C)reasonable person
D)Weinberger

Question

Quizplus · Accepted Answer

The court applied the Weinberger test when reviewing competing valuations of minority shares.In Weinberger v.UOP,the Delaware Supreme Court reconciled the dual mandates of section 262(h),which direct a court to determine fair value based upon all relevant factors,yet exclude any element of value arising from the accomplishment or expectation of the merger.