Historic Dell and EMC Transaction Set to Close on September 7,

The page ruling stems from one of the most hotly contested appraisal cases, a legal strategy that has become a popular way for specialized investment funds to squeeze added cash out of merger deals. Scores of investors who voted against the deal filed a lawsuit in Delaware's Court of Chancery, asking the court to determine the fair value of the stock.

Monday's ruling, which can be appealed, could add tens of millions of dollars to the final cost of the deal for the buyers. Based on court documents filed in September, about 5. The investors are also eligible for interest that began accruing when the deal closed.

The damage could have been far worse for Dell. During the litigation, Dell's legal team knocked out the bulk of the stock seeking appraisal, which had been beneficially owned by T Rowe Price.

Dell and a lawyer for the stockholders, Stuart Grant, did not immediately respond to a request for comment. The 21st Century Corporation. Etsy Is Reorganizing Its Workforce, Which Includes More Layoffs.

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U.S. court rules $ billion Dell buyout underpriced by 22 percent | Reuters

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