Appraisal lawsuits, a risky strategy in which hedge funds buy shares of companies on the brink of a buyout and ask a judge to award them a higher price, are increasingly popular.
Risky Legal Ploy Seeks to Milk Buyouts
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Appraisal lawsuits, a risky strategy in which hedge funds buy shares of companies on the brink of a buyout and ask a judge to award them a higher price, are increasingly popular.