Bloomberg: Michael Dell, Silver Lake Boost Buyout Bid
Bloomberg reported that Michael Dell and Silver Lake Management increased their offer to buy Dell to $13.75 a share in an effort to win shareholder support.
Bloomberg noted that the vote on the leveraged buyout has been moved to August 2 and that Michael Dell and Silver Lake called the offer their “best and final proposal.”
To read the full Bloomberg article click here.
Previously on abfjournal: Dell Delays Shareholder Vote on Buyout, July 19, 2013