UPDATE 1-Court reverses Dell buyout ruling that alarmed dealmakers
December 14, 2017 at 13:56 PM EST
WILMINGTON, Del., Dec 14 (Reuters) - Delaware's Supreme Court ruled on Thursday that a lower court erred in finding that the 2013 buyout of computer maker Dell Inc was vastly underpriced, a ruling that had allowed hedge funds to wring extra cash from the deal.