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Dell Special Committee Backs Michael Dell Buyout Bid

Posted by ryuzaki0 on from the dude-you-bought-dell dept.

DavidGilbert99 writes "In a surprising move, the special committee set up to decide which buyout offer was best for Dell has chosen to back the bid from founder Michael Dell, which promises the shareholders a smaller payday and will see him remain the head of the company." Their SEC filing on the matter indicates they are not confident that Icahn's counter-offer would actually provide the promised $12/share dividend.

1 of 38 comments (clear)

  1. Re:First Task by h4rr4r · · Score: 0, Flamebait

    Funny story time.
    I once called about a server issue with gold support, I could not understand the person speaking so I asked to be transferred to someone who spoke better english. This person flipped out about how he was in Georgia and from there, or so I guess since I still could barely understand his mutterings. I would rather speak to an Indian than someone from the deep south if I need to be able to understand what they say. For those who don't know what I mean, they screw up whole words; Specific becomes Pacific, Well becomes Whale and many other that I have not yet figured out.