"If Blackstone succeeds in unseating the existing buyout, however, Mr. Dell may lose his position as CEO. Blackstone is working on a deal that would not require Mr. Dell to contribute his Dell shares into the buyout, people familiar with the matter said. It is not clear whether Blackstone would ask Mr. Dell to contribute his stake.Michael Dell Could Lose Vote, CEO Job in Rival Dell Buyout Bid - WSJ.com
As Blackstone has worked to assemble a potential rival deal, it also has approached other executives about potentially taking over as Dell's CEO. The potential candidates Blackstone has approached include Michael Capellas, an ex-CEO of PC maker Compaq that is now part of H-P."
Sunday, March 24, 2013
Michael Dell Could Lose Vote, CEO Job in Rival Dell Buyout Bid - WSJ.com
The Dell plot thickens