In 2017, British American Tobacco (BAT) purchased a North Carolina-based tobacco company, Reynolds American Inc., for $49 billion. The deal allowed BAT to acquire the 57.8% of Reynolds it
Continue Reading NC Supreme Court Endorses Flexibility for Business Court in Determining “Fair Value” for Dissenting Shareholders
Mergers
When It’s Time for a Second Opinion
By Fox Rothschild LLP on
N.C. Business Court Addresses the Scope of a Judicial Appraisal Proceeding
In Reynolds American Inc. v. Third Motion Equities Master Fund Ltd. et al., 2019 NCBC 35 (N.C. Super.
Continue Reading When It’s Time for a Second Opinion