Dell Shareholders Like Their Appraisal Odds In $25B Buyout

Law360, New York (September 10, 2013, 1:08 PM EDT) -- Carl Icahn on Monday gave up his fight against Dell Inc.'s $25 billion buyout, but vowed to let a judge decide how much his shares are worth. And a new report out Tuesday from a group of equally disgruntled investors suggests the odds of a price bump are good.

The report finds that in the vast majority of Delaware appraisal actions, a judge has set a "fair value" of the shares higher than the buyout price. In only eight cases in the past 20 years has...
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