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Chinese Premier Li Keqiang seeks trust in India as border issue continues to irk
Chinese Premier Li Keqiang is seeking to build trust with India on his first foreign trip since taking office, which comes just a few weeks after a military standoff between the Asian giants on their ill-defined border in the Himalayan mountains. Full Article | Slideshow
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Dell says considered options before deciding to go private
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An employee walks past Dell laptops, which are displayed for sale, at a Dell outlet in Beijing December 13, 2010.
Credit: Reuters/Christina Hu/Files
REUTERS - Dell Inc(DELL.O) 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(MSFT.O) 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. (link.reuters.com/buj85t)
Dell said the statement was in response to "certain inquiries" but did not elaborate on the nature of the queries.
(Reporting by Sayantani Ghosh in Bangalore; Editing by Saumyadeb Chakrabarty)
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