Court Rejects Potential Acquirers' Expressions of Interest, Relies Solely on DCF Method to Determine Fair Value of 50% Interest in AriZona Iced Tea

NY Business Divorce legal analysis of Justice Driscoll's 2014 valuation ruling under BCL §1118: court rejected Tata/Nestle preliminary expressions of interest (~$4.5B) for lack of due diligence; adopted DCF-only at 10.2% CAGR, 4.5% terminal, 10.8% discount, 25% marketability discount; enterprise value ~$1.4-1.5B; Ferolito 50% interest ~$1B with 9% pre-judgment interest.