Investor Aims High With Price for Dell
Dell Inc.’s largest outside shareholder faces an uphill battle in its effort to squeeze billions more out of the planned $24.4 billion deal to take the tech giant private.
Southeastern Asset Management on Friday laid out a case that Dell is worth $24 a share — $10 a share more than the current deal — and is urging other shareholders to join the opposition. If Southeastern succeeds, it could result in a richer deal for investors or an altered structure for the leveraged buyout.
