A press release put out today confirms what frequent readers of this blog already know. Multiple offers are on the table for Dell:
The Special Committee of the Board of Dell Inc. (NASDAQ: DELL) today announced that the “go-shop” period provided for in the merger agreement between the company and entities owned by Michael Dell, Dell’s Founder, Chairman and Chief Executive Officer, and investment funds affiliated with Silver Lake Partners, has elicited two alternative acquisition proposals. One proposal was submitted by a group affiliated with a private equity fund managed by Blackstone and the other by entities affiliated with Carl Icahn.
Now I’ve written about the Blackstone Group sniffing around previously. I’ve also written about Carl Ichan’s interest in Dell as well. This will make things interesting for Dell shareholders. Who’s offer do they take? Do they cash out with Michael Dell’s offer?
Decisions….. Decisions….
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Dell Confirms What We Already Know…. There Are Two Other Offers Out There
A press release put out today confirms what frequent readers of this blog already know. Multiple offers are on the table for Dell:
The Special Committee of the Board of Dell Inc. (NASDAQ: DELL) today announced that the “go-shop” period provided for in the merger agreement between the company and entities owned by Michael Dell, Dell’s Founder, Chairman and Chief Executive Officer, and investment funds affiliated with Silver Lake Partners, has elicited two alternative acquisition proposals. One proposal was submitted by a group affiliated with a private equity fund managed by Blackstone and the other by entities affiliated with Carl Icahn.
Now I’ve written about the Blackstone Group sniffing around previously. I’ve also written about Carl Ichan’s interest in Dell as well. This will make things interesting for Dell shareholders. Who’s offer do they take? Do they cash out with Michael Dell’s offer?
Decisions….. Decisions….
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This entry was posted on March 25, 2013 at 3:08 pm and is filed under Commentary with tags Dell. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.