Daily News: June 24, 2013

WSJ: Dell CEO Presses Case for Buyout

The Wall Street Journal reported that in a bullet-point presentation aimed at Dell shareholders Michael Dell set out his thinking on why the computer maker is ailing and needs time away from shareholder scrutiny to right itself.

According to the Journal, Dell’s presentation said the personal computing market is deteriorating faster than expected, and that the company hasn’t yet been able to make up the difference with newer businesses selling corporate software, computing storage and other services to companies.

To read the full WSJ article (subscription required) click here.

Previously on abfjournal: Dell Committee Says Can’t Endorse Icahn’s Latest Offer, June 19, 2013