Wednesday, March 06, 2013

Still-Unhappy Southeastern Seeks Dell Shareholder List - NYTimes.com

Dell deal still undone
"A number of other investors, including T. Rowe Price, have publicly said they oppose the sale to Michael S. Dell and the investment firm Silver Lake, deeming the group’s $13.65-a-share offer too low. Southeastern has suggested that a better alternative is for Dell to pay out a special $12-a-share dividend, paid for by bringing back overseas cash, selling off Dell Financial Services and raising $9 billion in new debt.
Southeastern cited Dell’s willingness now to bring home some of the company’s substantial cash hoard that is currently held overseas."
Still-Unhappy Southeastern Seeks Dell Shareholder List - NYTimes.com

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