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Monthly Archives: March 2020
Court of Chancery Defers to Deal Price in Panera Bread Appraisal
JAB Holdings B.V. (“JAB”) acquired Panera Bread Company (“Panera”) via a cash-out merger for $315.00 per share on July 18, 2017. Multiple dissenting shareholders (“Petitioners”) filed an appraisal action, seeking a fair value determination of $361.00 per share. Ultimately, the … Continue reading
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