EXCLUSIVE - Southeastern joined by other Dell investors: source

NEW YORK Sat Feb 9, 2013 4:52am IST

Shoppers walk past a Dell booth at the COMEX information technology and consumers technology exhibition in Singapore August 28, 2008. REUTERS/Tim Chong/Files

Shoppers walk past a Dell booth at the COMEX information technology and consumers technology exhibition in Singapore August 28, 2008.

Credit: Reuters/Tim Chong/Files

Related Topics

NEW YORK (Reuters) - At least three of Dell Inc's DELL.O top 20 shareholders support Southeastern Asset Management's decision to vote against the $24.4 billion buyout of the No. 3 PC maker led by CEO Michael Dell, a person close to the matter said.

Among the holders who support Southeastern are Harris Associates LP, Yacktman Asset Management LP and Pzena Investment Management LLC, which between them hold roughly 3.3 percent in Dell, the person said.

Harris and Yacktman were not immediately available for comment. Pzena's chairman, Richard Pzena, said a Dell deal should be in the $20 per share range or the company should explore other options.

(Reporting by Nadia Damouni; editing by Matthew Lewis)

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

China's Twitter

REUTERS SHOWCASE

No-hire Trial

No-hire Trial

Tech workers seek to use Steve Jobs evidence in upcoming trial on no-hire accords  Full Article 

Apartheid-era Case

Apartheid-era Case

Ford, IBM to face renewed U.S. lawsuit over apartheid-era abuses  Full Article 

Online Banking

Online Banking

China issues banking rules to strengthen online payment security  Full Article 

Web Control

Web Control

China calls on Russia, central Asia allies to tighten Internet controls.  Full Article 

In Demand

In Demand

Microsoft's Xbox One sales cross 5 million.  Full Article 

Digital Currency

Digital Currency

Mt. Gox suitors seek support to save bitcoin exchange.  Full Article 

Reuters India Mobile

Reuters India Mobile

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