NEW YORK (AP) — Dell is trying to reassure shareholders about its proposed $24.4 billion acquisition by a group led by its founder, saying it considered a number of strategic options before agreeing to the deal.
Dell Inc. laid out the advantages of the transaction in a regulatory filing Monday, three days after a major shareholder ridiculed the buyout as a rotten deal that undervalues the business.
The company said the deal "shifts the risks facing the business to the buyer group" and allows time for alternate bids. Dell says shareholders will see if there are superior options available.
The computer company says that it determined with independent advisers that the cash bid by a group led by founder and CEO Michael Dell was in the best interests of stockholders.
Dell shares edged up 2 cents to $13.65 in premarket trading.
Suspect in Custody After Shooting at Colorado Springs Planned Parenthood UPDATE: Three People Have Died, Shooter Identified | Christine Rousselle
Active Shooter Near Planned Parenthood Location in Colorado UPDATE: Suspect Has Surrendered to Police | Christine Rousselle
S.C. Woman Outdraws, Outshoots, And Kills CraigsList Robber - Bearing Arms - Guns Saving Lives, South Carolina
Importing Terrorism and Other American Values | Human Events
Reports: Active shooter barricaded in Colorado Springs Planned Parenthood, firing at cops; Update: Cops confronting shooter inside the building
John Hawkins - 15 Excerpts That Show How Radical, Weird And Out of Touch College Campuses Have Become
Shocker: 2008 Obama supporter thinks democracy doesn't work! | RedState
George Friedman - The Geopolitics of France: Maintaining Its Influence in a Changing Europe
'More white Christian terrorism?' Tweeters profile perp in reported Planned Parenthood shooting