CLS BlueSky: Will Dell Decision Impact Company With 82% Controlling Shareholder?
Appraisal Rights
APRIL 10, 2018
CLS BlueSky Blog posts that the Delaware Supreme Court’s recent decision in Dell –and the Delaware appraisal decisions awarding below deal-price in certain appraisal actions–may give cover to Dell Technologies (the Dell of the Dell decision) in its potential rollup of VMware. Dell already owns 82% of VMware stock, according to the post, and may seek to cash out the remaining shareholders.
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