Partridge v. Campbell
Randy Campbell appeals from the judgment entered in favor of Marianne Partridge, respondent, after a court trial. The judgment requires appellant to sell to respondent all of his shares in the Santa Barbara Independent, Inc. (the Independent). The judgment was based on the trial court's finding that respondent accepted appellant's offer to sell his shares before he withdrew it. Appellant contends that, as a matter of law, respondent did not validly accept his offer. Appellant further contends that, if a valid acceptance occurred, respondent was not entitled to specific performance of the contract because she failed to prove the amount of a "true-up" adjustment to the purchase price. We remand the matter to the trial court with directions to determine the true-up adjustment and to recalculate the purchase price in light of this adjustment. In all other respects, we affirm.
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