Golden Telecom, Inc. v. GLOBAL GT LP
Supreme Court of Delaware
1Opinion of the Court
STEELE, Chief Justice:
On February 28, 2008, after a tender offer, Golden Telecom, Inc. merged into Lillian Acquisition, Inc., a wholly-owned subsidiary of Open Joint Stock Company Vimpel-Communications. Golden remained as the surviving entity, and all tendering Golden shareholders received $105 per share. Global GT LP and Global GT Ltd. (collectively, Global), Golden shareholders, sought appraisal. The Court of Chancery valued Golden at $125.49 per share. Golden appealed, Global cross-appealed, and we affirm.
I. FACTS AND PROCEDURAL HISTORY
Golden incorporated in Delaware in 1999, and has been…
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