Dell seeks shareholder support for founder's buyout deal

05/31/2013 | Bloomberg · Baltimore Sun, The

Dell Inc. is officially endorsing a $24.4 billion buyout transaction from founder Michael Dell and wants shareholders to gather in July to cement the deal. "A sale to the Michael Dell/Silver Lake group ... is the best alternative available. ... [I]n a challenging business environment it offers certainty and a very material premium over pre-announcement trading prices," Dell's board said.

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Bloomberg · Baltimore Sun, The

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