Mission Creek

Though there has been a rush of private equity into M&A transactions, this has not effected the manner and standards by which the Delaware courts have reviewed these transactions. This interesting article examines several recent decisions from the Delaware Court of Chancery involving private equity firms and management buyouts. The article concludes that, while the players in the M&A market may have changed, the rules of the game remain the same where the board of directors decides that it’s time to sell the company.