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The company foundered and was sold at a low valuation.
Many shareholders, however, were angered by what they perceived to be an unfairly low valuation.
Beijing seeks improved access to markets and faces grumbling over its currency's low valuation.
But many shareholders were angered by what they perceived to be a low valuation.
Glass Lewis and Proxy Governance, however, came out against the transaction, citing the low valuation.
Investors place a low valuation on the group's profits—its market value is about $2 billion.
The price was an "unreasonably low valuation for Dynegy's assets," an analyst with JPMorgan Chase wrote.
Mr. Shafran forced Cerberus to accept a painfully low valuation of its GMAC stake.
When calculating the property taxes it owed, Walgreens used an artificially low valuation of its stores.
That is cheap by any standard, and the low valuation clearly reflects worries about the quality of those profits.
What was regarded by some as a staggeringly low valuation enabled it to make far fewer charitable grants.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com