Dell Investors Line Up For Court Appraisal

Investors with claims on more than 47.5 million Dell Inc. shares have reserved the right to ask a judge to award them more than the buyout price, in the latest example of investors trying to use the courts to nab a better outcome in a deal.

The investors, named in a filing by Dell this week in Delaware court, in September voted against the company’s sale to Michael Dell and private-equity firm Silver Lake Partners, and sent a letter to the company preserving their right to seek so-called appraisal of their shares. Most have not yet actually done so.

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