The Delaware Court of Chancery, in In re Appraisal of Columbia Pipeline Group, Inc., C.A. No. 12736-VCL (consol.), memo. op. (Del. Ch. August 12, 2019), found fair value equal to deal price in an appraisal action, but disclosure flaws precluded improved reliability of deal price as an indication of fair value.
K&L Gates discusses the decision in Delaware Court of Chancery Holds Deal Price Generated Through Reliable Sales Process Was Fair Value.