Daily News: February 13, 2013

Bloomberg: Dell Pressed to Sweeten LBO

Bloomberg reported that Dell, which agreed to a $24.4 billion buyout this month, is coming under increased pressure to make the deal more attractive to shareholders who say the transaction undervalues the company.

The article said Dell’s biggest outside investors, T. Rowe Price Group and Southeastern Asset Management, oppose the $13.65 per share proposal, saying it undervalues the No. 3 maker of personal computers.

To read the Bloomberg article click here.

Previously on abfjournal:

CFO: Dell’s Buyout Heading for the Exit, Friday, February 08, 2013