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Hedge funds wield risky legal ploy

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 at a higher price, are becoming increasingly popular. http://online.wsj.com/news/articles/SB10001424052702303887804579500013770163966?mod=WSJ_hp_LEFTWhatsNewsCollection&mg=reno64-wsj

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