Dell says proposed offer shifts risks of business to buyer group

SAN FRANCISCO Sat Feb 9, 2013 4:53am IST

Related Topics

SAN FRANCISCO (Reuters) - Dell Inc DELL.O on Friday, responding to independent investment fund Southeastern Asset Management, said the proposed buyout deal offers immediate premium for stockholders and shifts the risks facing the business to the buyer group.

"The Board concluded that the proposed all-cash transaction is in the best interests of stockholders," Dell said in a statement.

(Reporting By Poornima Gupta)

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

Deal Talk

Reuters Showcase

Shopping Plans

Shopping Plans

Yahoo in talks to buy ad service BrightRoll - TechCrunch.  Full Article 

Data Breach

Data Breach

Staples says investigating possible payment card data breach.  Full Article 

Eavesdropping Agency

Eavesdropping Agency

Outgoing UK spy chief rejects mass surveillance claims.  Full Article 

Fat Paycheck

Fat Paycheck

New Microsoft CEO Nadella's pay tops $80 mln with big stock awards.  Full Article 

Access to Information

Access to Information

GT Advanced nears deal over Apple secrecy - lawyer.  Full Article 

Cyber Attack

Cyber Attack

China-backed hackers may have infiltrated Apple's iCloud - blog.  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage