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Court of Chancery Upholds Right To Change Your Mind

Posted In Appraisal

Roam-Tel Partners v. AT&T Mobility Wireless Operations Holdings Inc., C.A. 5745-VCS (December 17, 2010)

This decision holds that a stockholder who surenders his shares and is sent a check for the merger consideration may still demand appraisal if he returns the check and makes his demand in time.  Thus, he can change his mind if he does it fast enough.

Tags: Appraisal
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