Saturday, March 30, 2013

With Alternative Offers From Blackstone & Icahn On The Table, Dell Filing Shows It Will Push Ahead With $24.4B Silver Lake Merger

Screen shot 2013-03-29 at 5.15.25 PMDell announced today that it has filed its initial proxy materials with the SEC in connection with a merger agreement between Dell, its Chairman and CEO Michael Dell and Silver Lake Partners. Under the terms of the deal, shareholders would received $13.65 in cash for each share of stock, which would be valued at about $24.4 billion.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/vGDXIV-NoCY/

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