00964nas a2200133   4500008004100000245008700041210006900128260000900197520044600206653001200652100002400664700002000688856012200708       2017                        eng d00aShareholder Rights in Mergers and Acquisitions: Are Appraisal Rights Being Abused?0 aShareholder Rights in Mergers and Acquisitions Are Appraisal Rig  c20173 aAppraisal rights grant dissenting shareholders in an acquisition the right to petition the court to determine the value of their shares. These rights can protect shareholders from acquisitions below fundamental value or can be abused by opportunistic investors. We examine the use of appraisal rights and find the evidence is most consistent with appraisal rights functioning as recourse when the target firm is sold below fundamental value.10aFinance1 aKalodimos, Jonathan1 aLundberg, Clark  uhttps://business.oregonstate.edu/biblio/shareholder-rights-mergers-and-acquisitions-are-appraisal-rights-being-abused