Dell vote delayed again after founder tries to sweeten deal

07/25/2013 | Reuters

Hours before Dell's board was set to huddle to make a decision on buyout options for the company, founder Michael Dell increased his offer to $13.75 a share, up less than 1% from his previous bid. The increase came with a catch -- Dell requested new voting rules that would require just a majority vote to accept his proposal. The proposal didn't sway the board's committee, and the vote was rescheduled for Aug. 2.

View Full Article in:


Published in Briefs: