Breaking News

Kioxia and Sandisk Extend Yokkaichi Joint Venture Agreement Through 2034 KIOXIA Unveils EXCERIA PRO G2 SD Memory Card Series Leica announces Noctilux-M 35 f/1.2 ASPH CORSAIR’s GALLEON 100 SD now Shipping Worldwide DJI Launches the RS 5, an All-New Lightweight Commercial Gimbal

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

Dell's Board Accepts Founder's Buyout Offer

Dell's Board Accepts Founder's Buyout Offer

Enterprise & IT Aug 2,2013 0

Dell's board on Friday accepted a new buyout offer from founder Michael Dell. The latest proposal add a one-off payment of 13 cents a share to last week's $13.75 a share offer. Michael Dell, together with investment firm Silver Lake, is trying to buy back the computer giant he founded in 1984. Shareholders had been due to vote on Friday on the offer, but the addition of the dividend means a new proposal has to be drafted and put to them. They will now vote at a special meeting on 12 September.

Michael Dell wants to reorganise the business which has been moving away from making computers and into providing technology services.

But some shareholders led by billionaire Carl Icahn, have been arguing that Mr Dell has undervalued the company. Icahn has an 8.7% stake in the company and is trying to take control of the company along with Southeastern Asset Management.

On Thursday, he began a legal challenge to Mr Dell's plans.

Tags: Dell
Previous Post
Department of Justice Proposes Remedy to Address Apple's Price Fixing
Next Post
Internet Explorer Remains The Most Popular Browser

Related Posts

  • Dell introduces new monitor lineup for CES 2023, including world’s first 6K-resolution monitor

  • Dell Announces the New Gold Standard for Entry Storage

  • XPS 13 Reinvents Itself, Embracing Simplicity as the New Premium

  • Dell Announces 2021 Inspiron Series and XPS 13 with OLED Display

  • Transform Your Work Experience With New Dell Monitors

  • Dell to out new S2721DGF Monitor, HDR400 2560x1440 at 144 Hz

  • Dell Introduces new 27-inch curved and flat panel gaming monitors

  • Dell Releases new XPS 17 laptop, Alienware Gaming Systems, and Data Migration Services

Latest News

Kioxia and Sandisk Extend Yokkaichi Joint Venture Agreement Through 2034
Enterprise & IT

Kioxia and Sandisk Extend Yokkaichi Joint Venture Agreement Through 2034

KIOXIA Unveils EXCERIA PRO G2 SD Memory Card Series
Cameras

KIOXIA Unveils EXCERIA PRO G2 SD Memory Card Series

Leica announces Noctilux-M 35 f/1.2 ASPH
Cameras

Leica announces Noctilux-M 35 f/1.2 ASPH

CORSAIR’s GALLEON 100 SD now Shipping Worldwide
PC components

CORSAIR’s GALLEON 100 SD now Shipping Worldwide

DJI Launches the RS 5, an All-New Lightweight Commercial Gimbal
Consumer Electronics

DJI Launches the RS 5, an All-New Lightweight Commercial Gimbal

Popular Reviews

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

Terramaster F8-SSD

Terramaster F8-SSD

be quiet! Light Mount Keyboard

be quiet! Light Mount Keyboard

Soundpeats Pop Clip

Soundpeats Pop Clip

Akaso 360 Action camera

Akaso 360 Action camera

Dragon Touch Digital Calendar

Dragon Touch Digital Calendar

be quiet! Pure Loop 3 280mm

be quiet! Pure Loop 3 280mm

Noctua NF-A12x25 G2 fans

Noctua NF-A12x25 G2 fans

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed