Legal Opinion
Dell, Inc. v. Magnetar Global Event Driven Master Fund Ltd.
Supreme Court of Delaware
Decided December 14, 2017No. 565, 2016PublishedCited by 56 opinions
1Opinion of the Court
VALIHURA, Justice:
The petitioners left standing in this long-running appraisal saga are former stockholders of Dell Inc. (“Dell” .or the “Company”) who validly exercised their appraisal rights instead of voting for a buyout led by the Company’s founder and CEO, Michael Dell, and affiliates of a private equity firm, Silver Lake Partners (“Silver Lake”). In perfecting their appraisal rights, petitioners acted on their belief that Dell’s shares were worth more than the deal price of‘$13.75 per share— which was already a 37% premium to the Company’s ninety-day-average unaffected stock price.
Our…
2Cases cited20 opinions
- Weinberger v. UOP, Inc.Supreme Court of Delaware · 1983
- Cinerama, Inc. v. Technicolor, Inc.Supreme Court of Delaware · 1995
- M.G. Bancorporation, Inc. v. Le BeauSupreme Court of Delaware · 1999
- Scion Breckenridge Managing Member, LLC v. ASB Allegiance Real Estate FundSupreme Court of Delaware · 2013
- Cavalier Oil Corp. v. HarnettSupreme Court of Delaware · 1989
15 more not listed; retrieve them via the Exa API.
3Cited by56 opinions
- Verition Partners Master Fund Ltd. v. Aruba Networks, Inc.Supreme Court of Delaware · 2019
- Wayne L. Ryan Revocable Trust v. RyanNebraska Supreme Court · 2021
- Reynolds Am. Inc. v. Third Motion Equities Master Fund Ltd.North Carolina Business Court · 2020
- (Various) in re Appraisal v. Anschutz CorpColorado Court of Appeals · 2020
- Asaf Barkan v. Exabeam, Inc.Court of Chancery of Delaware · 2025
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