Home
Laptops
Laptops News
Dell says $24.4 billion private takeover deal was the best available option

Dell says $24.4 billion private takeover deal was the best available option

By Reuters | Updated: 11 February 2013 19:14 IST

Click Here to Add Gadgets360 As A Trusted Source

Dell Inc had considered many strategic options before opting to go private, the company said in a regulatory filing.

The struggling PC maker struck a deal last week with its chief executive officer, Michael Dell, private equity firm Silver Lake and Microsoft Corp to go private in a $24.4 billion deal.

Dell's largest independent shareholder, Southeastern Asset Management Inc, and three other investors have objected to the deal, saying the company is worth a lot more than the agreed upon $13.65 per share offer, Reuters reported on Friday.

The company said on Monday it had retained a management consultant to help assess its "strategic position" and concluded that the proposed all-cash deal was in the best interests of stockholders.

Dell said the statement was in response to "certain inquiries" but did not elaborate on the nature of the queries.

Comments

Catch the latest from the Consumer Electronics Show on Gadgets 360, at our CES 2026 hub.

Further reading: Dell, Dell PCs, Microsoft, Silver Lake