Dell (DELL) committee said to seek at lease $14 per share for buyout - Bloomberg
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July 24, 2013 11:25 AM EDT
Carl Icahn (@Carl_C_Icahn) had a little message for Dell's (NASDAQ: DELL) board and shareholders on Twitter today following the 10 cent/share "higher" bid from Michael Dell and Silver Lake.
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July 24, 2013 10:52 AM EDT
Michael Dell and Silver Lake Partners released the following statement today with respect to their increased $13.75 per share Dell (Nasdaq: DELL) bid:
Under current provisions, shares that don't vote are counted as votes against the transaction for purposes of determining whether a majority of the unaffiliated shares wish to accept our offer.... More
July 24, 2013 8:11 AM EDT
The Special Committee of the Board of Dell Inc. (NASDAQ: DELL) announced today that it has received a revised proposal from Michael Dell and global technology investment firm Silver Lake under which they would increase the price at which they would acquire the company to $13.75 per share in cash, subject to certain conditions.
In light of the revised proposal, which the Special Committee is evaluating with the assistance of its financial and legal advisors, the Special Meeting of Stockholders previously scheduled to be reconvened today at 5:00 p.m. Central Daylight Time... More
