FRANKFURT, April 20 (Reuters) - Kabel Deutschland shareholder Elliott has asked a Munich court to appoint twospecial auditors, who should investigate the 7.7 billion euro($8.27 billion) acquisition of Germany's biggest cable firm byVodafone.
Elliott Management Corporation, which said it holds 13.5percent in Kabel Deutschland, wants an independent investigationinto whether the cable company's management informed investorsaccurately and in a timely manner about the takeover.
An audit report published in December concluded that KabelDeutschland was worth almost a quarter more than what Vodafonehad offered.
Having secured a stake of more than three quarters in KabelDeutschland, Vodafone more than a year ago offered 84.53 eurosper share in cash to remaining shareholders as part of aso-called domination agreement.($1 = 0.9308 euros) (Reporting by Harro ten Wolde; Editing by Arno Schuetze)
Vodafone (VOD)
