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ValueVision Media Inc. Message Board

  • EuclidAve EuclidAve Mar 25, 1998 6:23 PM Flag

    Asserting Dissenters' Rights

    Please be advised that under Minnesota corporate law all dissenting VVTV shareholders can receive cash for the appraised
    value of their shares instead of accepting the stock of the merged companies. Since the book value of the company is now $5 a
    share not including the value of the Houston TV station this amount would probably be significantly better than the value of the
    stock of the merged companies. However, to effect this right you must be very careful to perfect your assertion of rights under
    this law. I would recommend that an attorney handle it. However for those who are interested the Internet address where Section
    302A.473 "Procedures for asserting dissenters� rights " can be found is:

    target=new >http://www.revisor.leg.state.mn.us/st97/302A/473.html

 
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