Dell committee and buyout group led by Michael Dell close to deal
Fp Archives • 12 years agoDell Inc's special committee and a group led by founder and Chief Executive Michael Dell are nearing a deal that dramatically increases the chances of his $24.6 billion buyout going through, two people familiar with the matter said on Friday.
Dell delays vote on founder Michael Dell's buyout offer to 24 July
Fp Archives • 12 years agoDell has delayed Thursday's vote on founder Michael Dell's plan to take the slumping computer maker private in a sign the board needs more time to rally support.
Michael Dell told to sweeten offer for Dell as Icahn ups the stakes
Fp Archives • 12 years agoMichael Dell has been advised to raise his $24.4 billion offer for Dell Inc, coming under further pressure as billionaire investor Carl Icahn revealed he had committed more than $3 billion to back an alternative proposal.
Icahn, Southeastern propose alternative bid to Dell buyout deal
Fp Archives • 12 years agoActivist investor Carl Icahn and Southeastern Asset Management Inc, two of Dell Inc's largest shareholders, have proposed an alternative to a $24.4 billion buyout deal led by founder Michael Dell.
Dell board considers 2 new offers from Blackstone, Carl Icahn
Fp Archives • 12 years agoDell Inc says a special committee of board members has determined the bids from buyout specialist Blackstone and Icahn could be superior to a proposal from Dell and Silver Lake Partners to buy the Texas company for $13.65 per share.
Michael Dell clinches $25 billion deal to take Dell private
Fp Staff • 12 years agoMichael Dell clinched shareholders' approval on Thursday for his $25 billion offer to buy and take Dell Inc private.
Michael Dell clinches new $24.8 bn buyout deal with added dividend
Fp Archives • 12 years agoDell Inc and a group led by founder and Chief Executive Michael Dell reached a new deal on Friday that dramatically increases the chances of a $24.8 billion buyout going through.
Michael Dell's buyout plan suffers blow as voting change ruled out
Fp Archives • 12 years agoMichael Dell and Silver Lake's $24.4 billion bid to take over Dell Inc suffered a blow on Wednesday after the company's special committee rejected their request to change the voting rules in exchange for a sweeter bid.
Dell's founder boosts offer for company buyback
Fp Archives • 12 years agoDell's founder is boosting his offer to buy the struggling PC maker by 10 cents to $13.75 per share in hopes of attracting more shareholder support.
Dell in talks with PE firms for buyout; shares surge
Fp Archives • 12 years agoDell Inc is in talks with private equity firms on a potential buyout, two sources familiar with the matter told Reuters, confirming reports that sent shares in the world's No 3 PC maker soaring 13 percent to nearly a eight-month high.