Legal Opinion

Richardson v. Palmer Broadcasting Co.

Supreme Court of Iowa

Decided July 18, 1984No. 83-168PublishedCited by 19 opinions

1Opinion of the Court

CARTER, Justice.

The issue on this appeal concerns the determination of the “fair value” of 128 shares of stock in Palmer Broadcasting Company, an Iowa corporation, which were owned by shareholders who dissented from a plan of merger of that corporation with Palmer Broadcasting Company, a Delaware corporation. The dissenting shareholders are entitled to such determination of fair value under Iowa Code section 496A.78 (1977). The district court found the fair value to be $1115 per share and both the dissenting shareholders and the merged corporations have appealed from this determination.

The…

2Cases cited17 opinions

  1. Tri-Continental Corporation v. BattyeSupreme Court of Delaware · 1950
  2. Flarsheim v. Twenty Five Thirty Two Broadway Corp.Supreme Court of Missouri · 1968
  3. Tome Land & Improvement Co. v. SilvaNew Mexico Supreme Court · 1972
  4. Universal City Studios, Inc. v. Francis I. duPont & Co.Supreme Court of Delaware · 1975
  5. Endicott Johnson Corp. v. BadeNew York Court of Appeals · 1975

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3Cited by19 opinions

  1. In Re Valuation of Common Stock of McLoon Oil Co.Supreme Judicial Court of Maine · 1989
  2. HMO-W INC. v. SSM Health Care SystemWisconsin Supreme Court · 2000
  3. Columbia Management Co. v. WyssCourt of Appeals of Oregon · 1988
  4. Rigel Corp. v. CutchallNebraska Supreme Court · 1994
  5. Arnaud v. Stockgrowers State Bank of AshlandSupreme Court of Kansas · 1999

14 more not listed; retrieve them via the Exa API.

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