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Story summary
- Dell Technologies shareholders approved moving the legal domicile from Delaware to Texas with 97% support.
- Michael Dell said Texas is the company's true home because of the state’s talent and universities.
- Relocating the legal home will shift shareholder lawsuits from Delaware’s Court of Chancery to Texas courts that are more business-friendly.
- Elon Musk responded with a one-word tweet “Texas” after the announcement.
