Daily News: May 31, 2013

WSJ: Dell Proceeds With Buyout Effort

The Wall Street Journal reported Dell has filed proxy materials with the SEC regarding its proposed acquisition by Michael Dell and Silver Lake Partners, again contending that going private is the best course and announcing plans to hold a shareholder meeting July 18 to vote on the matter.

The Journal reported that Dell said negotiations with Michael Dell and Silver Lake resulted in six price increases delivering $4 billion of additional value to Dell stockholders.

To read the full WSJ article, click here.

Previously on abfjournal.com:

Dell Requests Additional Information on Icahn Proposal, Monday, May 13, 2013