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To embed, copy and paste the code into your website or blog: When parties consider an M&A transaction involving a merger, a factor that is top of mind for counsel is complying with the statutory appraisal procedures afforded to holders of equity in the merging entity who do not consent to the transaction – particularly where it is expected that a portion of the shareholder base will not approve of the transaction. Section 262 of the Delaware General Corporation Law protects shareholders of Delaware corporations who do not consent to a merger by providing for statutory appraisal rights, unless the shareholders have otherwise waived or “opted out” of these protections. Statutory appraisal rights entitle dissenting shareholders who comply with the statutory requirements to file a petition in the Delaware Court of Chancery demanding a determination of the fair value of their stock. Many other states, including California, New York, and Minnesota, have adopted statutes providing fo

New yorkUnited statesDelaware courtDelaware limited liability companyCorporation lawDorsey whitneySa delawareDelaware general corporation lawDelaware limited liability company actCalifornia corporations codeபுதியது யார்க்ஒன்றுபட்டது மாநிலங்களில்டெலாவேர் நீதிமன்றம்டெலாவேர் வரையறுக்கப்பட்டவை பொறுப்பு நிறுவனம்நிறுவனம் சட்டம்டோர்ஸி விட்னி