Blackstone (BX) Seeks Tech Partners to Place More Robust Dell (DELL) Bid

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Southeastern Asset Management Says Dell (DELL) Proxy Fails to Make Case for $13.65/Share

April 9, 2013 10:30 AM EDT

Southeastern Asset Management, Inc., the largest outside shareholder of Dell Inc. (Nasdaq: DELL), released an open letter to the Special Committee of the Dell Board of Directors and addressed Dell's preliminary proxy statement.

The full text of the letter is as follows:

April 9, 2013
Special Committee of the Board of Directors
Dell Inc.One Dell Way
Round Rock, TX 78682
Attention: Alexander Mandl

RE: Dell Inc. Proxy Statement

Dear Members of the Special Committee:

As the beneficial owner of 8.4% of Dell Inc.'s... More

Southeastern Says Pleased with New Dell (Dell) Offers

March 25, 2013 4:10 PM EDT

Dell (Nasdaq: DELL)... More

Rival Dell (DELL) Bids Put Michael Dell in Hot Seat

March 25, 2013 12:17 PM EDT

In February, when Michael Dell and private equity partner Silver Lake announced a $13.65 per share offer to take Dell (Nasdaq: DELL) private, the founder of the PC maker may have thought he was doing shareholders a favor and putting them out of their misery. The offer at that time was at a premium to Dell's most recent valuation and appeared fair to many. However, Mr. Dell calculated incorrectly. Since that time the deal has been greeted by outrage from many investors who... More