CRA’s expert was retained by defendants in a $6 billion merger dispute before The Delaware Court of Chancery involving claims for unfair merger consideration. CRA’s expert applied various valuation methodologies, demonstrating that the value of the consideration received by common shareholders was fair, i.e., it exceeded the value of the common shares relinquished in the merger. After the deposition of CRA’s expert, defendants entered into a favorable settlement with the class of plaintiffs.
CRA Competition's response to EU Draft Merger Guidelines: An economic perspective on the emerging framework
Our European Competition team has contributed to the economic assessment in nearly a third of distinct merger decisions cited in the draft, (46 out of 164)...