Three decades of experience in shareholder appraisal challenges paid off this week for Abrams & Bayliss name partner Kevin Abrams and his client Merion Capital LP.
In a case stemming from the 2012 buyout of Ancestry.com Inc., Abrams convinced a Delaware judge not to clamp down on a growing trend among hedge funds—buying shares in a company that’s about to be acquired, then litigating for a larger return.
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