With Alternative Offers From Blackstone & Icahn On The Table, Dell Filing Shows It Will Push Ahead With $24.4B Silver Lake Merger

view story

http://techcrunch.com – Dell announced today that it has filed its initial proxy materials with the SEC in connection with a merger agreement between Dell, its Chairman and CEO Michael Dell and Silver Lake Partners. Under the terms of the deal, shareholders would received $13.65 in cash for each share of stock, which would be valued at about $24.4 billion. In the rather lengthy filing, some of Dell’s biggest shareholders like activist billionaire Carl Icahn have urged the company to turn down the deal proposed by Dell and Silver Lake and allow shareholders to stay on as active investors, according to the New Yo (IT news)