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IN RE GLOSSER BROS., INC.

382 Pa.Super. 177 (1989)

555 A.2d 129

In re GLOSSER BROTHERS, INC. Appeal of GLOSSER BROTHERS, INC. Appellant. In re GLOSSER BROTHERS, INC. Appeal of W.S. WURZBURGER, Individually, Wurzburger, Morrow and Keough, Inc., and Morton Glosser, Appellants.

Supreme Court of Pennsylvania.

Filed January 30, 1989.

Reargument Denied March 17, 1989.

Attorney(s) appearing for the Case

Edward G. O'Connor, Pittsburgh, for appellant in no. 1052 and appellee in no. 92.

Before CIRILLO, President Judge, and BECK, and POPOVICH, JJ.

BECK, Judge:

This is an appeal and cross-appeal from a trial court determination of the fair value of the common stock of appellant/cross-appellee Glosser Bros., Inc. (the "Company"). The impetus for the trial court's valuation was a petition by the Company for a determination of the fair value to be paid to appellees/cross-appellants, shareholders of the Company who dissented from a management sponsored leveraged buy-out and merger of the Company pursuant to Section...

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