Dell Special Committee Backs Michael Dell Buyout Bid 38
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.
Dell Special Committee Backs Michael Dell Buyout Bid More Login
Dell Special Committee Backs Michael Dell Buyout Bid
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