Re:Dell could emerge as a public company through a reverse m...
by airstrike on Monday January 29, 2018 @02:01PM
(#16259777)
Appraisal rights lawsuits are essentially trolling in the M&A world. It's a nuisance markets, bankers, lawyers and courts have to deal with, but they're not relevant to anyone who isn't a party to the deal.
Dell going public again in no way indicates there will ever be another private buyout. That may or may not happen, and both the market and the industry have changed much since Michael Dell took it private.
Different groups of shareholders argued different things... appraisal rights are weird, and at the end of the day 99% of people in Finance will argue that the judge's decision on that case is entirely inconsistent with even the most basic principles of corporate finance and capital markets. Just because one guy who happens to have the power to decide the lawsuit's ultimate fate says his version of the facts is right doesn't mean he is in fact correct.
Dell going public again in no way indicates there will ever be another private buyout. That may or may not happen, and both the market and the industry have changed much since Michael Dell took it private.
Different groups of shareholders argued different things... appraisal rights are weird, and at the end of the day 99% of people in Finance will argue that the judge's decision on that case is entirely inconsistent with even the most basic principles of corporate finance and capital markets. Just because one guy who happens to have the power to decide the lawsuit's ultimate fate says his version of the facts is right doesn't mean he is in fact correct.