Appraisal rights

A right that lets eligible shareholders ask a court to decide the fair value of their shares in certain deals.

Appraisal rights in practice

Hypothetical example: a shareholder objects to the price in a merger. If the shareholder qualifies and follows the required steps, the court can decide the fair value of those shares.

Source: Delaware General Corporation Law, section 262.

What to check

A claim for repayment under the deal agreement is a separate question from the shareholder’s right to seek appraisal.

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