FILE - In this Aug. 5, 2007 file photo, massive scaffolding and an LCD screen are set up on Tiananmen Square ahead of a countdown ceremony to celebrate the coming 2008 Beijing Olympic Games in Beijing. China on Friday, Jan. 4, 2013, joined a global crackdown on price-fixing by manufacturers of LCD screens used in computers and TVs, imposing multimillion-dollar fines on Korea’s Samsung and LG and four Taiwanese companies. (AP Photo/Andy Wong, File)
News Summary: Dell tries to reassure holders
Published: 03:40:49 PM, Mon 11 February 2013 UTC
CALMING NERVES: 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 and felt the bid is in the best interest of stockholders.
BACKGROUND: Dell's filing comes three days after a major shareholder ridiculed the buyout as a rotten deal that undervalues the business.
ALTERNATE OPTIONS: Dell Inc. said the deal also allows time for alternate bids so that shareholders will be able to see if there are superior options available.
Tags:
dell inc., dell, shareholder, news summary, shareholders, buyout, computer_internet, number, deal, acquisition, group, stock market, strategic options, founder, stockholders, background, stakeholder, major shareholder, holders, calming nerves, alternate bids, rotten deal, alternate options, superior options
