ROUND ROCK, Texas (AP) — A special committee of Dell's board has agreed to an increased offer from founder Michael Dell that would add a special dividend for shareholders.
The struggling computer maker said Friday that a group led by its founder and investment firm Silver Lake Partners will tack a one-time shareholder payout of 13 cents per share to an offer they made last week to buy the company for $13.75 per share. The new offer also guarantees that the company's third-quarter dividend of 8 cents per share will be paid at or before the closing.
7. Dell committee rejects Michael Dell voting change - Friday, July 26, 2013
ROUND ROCK, Texas (AP) — A Dell board committee has rejected a voting rule change Michael Dell attached to an increased buyout offer for the struggling PC maker he founded.
A group led by Michael Dell and the investment firm Silver Lake Partners last week raised its bid to buy out Dell Inc.'s other shareholders by a dime, to $13.75 per share. As part of that offer, the group said the bid's fate must be decided only by the shareholders who choose to vote either for or against the plan.8. Icahn contests condition in latest Dell offer - Friday, July 26, 2013
Billionaire investor Carl Icahn is warning that the latest offer from Dell's founder to buy the struggling computer maker bypasses an important shareholder safeguard.
Icahn and the investment firm Southeastern Asset Management said in a letter to a special committee of Dell Inc. board members that Michael Dell wants to circumvent the voting process behind the deal by preventing stockholders from passively dissenting on the offer.
9. Dell's founder boosts offer to buy the company - Friday, July 19, 2013
NEW YORK (AP) — A group led by Dell's founder raised its offer for the struggling computer maker Wednesday in hopes of attracting more shareholder support for its plan to take the company private.10. Choices: Closer look at 2 plans for Dell's future - Friday, July 19, 2013
Dell Inc. has delayed Thursday's vote on founder Michael Dell's plan to take the computer maker private. That's a sign the board needs more time to rally support. Activist investor Carl Icahn and the Southeastern Asset Management fund, which own 13 percent of the company combined, have made a competing proposal.11. Dell delays buyout vote, signaling lack of support - Friday, July 19, 2013
ROUND ROCK, Texas (AP) — Michael Dell believes he can revive the company bearing his name if his group of investors can buy it for $24.4 billion. But that deal is in danger of falling apart, increasing the chances that the personal computer giant's founder might not be CEO much longer.12. Dell delays vote on buyout in sign it lacks support - Friday, July 12, 2013
ROUND ROCK, Texas (AP) — Dell has delayed Thursday's vote on founder Michael Dell's plan to take the slumping computer maker private in a sign the board needs more time to rally support.
Dell called a special shareholders meeting to order, then quickly adjourned it without a formal vote of the $24.4 billion buyout offer from Michael Dell and a group led by investment firm Silver Lake. It was rescheduled for July 24 at the company's headquarters in Round Rock, Texas.
13. Shareholders voting on $24.4 billion Dell buyout - Friday, July 12, 2013
DALLAS (AP) — Dell Inc. is making a late push to win shareholder support for founder Michael Dell's plan to take the slumping computer maker private, an indication that Thursday's scheduled vote could be close.14. Dell board recommends Michael Dell buyout offer - Friday, May 31, 2013
The board at Dell said that a takeover bid led by the company's founder and CEO is in the best interest of the slumping PC maker's shareholders and asked them to approve the deal when it's put to a vote in July.15. TriStar Centennial names chief medical officer - Friday, May 24, 2013
Jeffrey Guy, M.D., M.S.c., M.M.H.C, F.A.C.S., has been named chief medical officer of TriStar Centennial Medical Center in Nashville.
Guy joined TriStar Centennial as the chief medical officer of TriStar Centennial Women’s & Children’s hospital in September 2012 and has been serving as interim chief medical officer of TriStar Centennial since November 2012.
16. Dell raises intrigue by rescheduling 1Q report - Friday, May 10, 2013
ROUND ROCK, Texas (AP) — Struggling personal computer maker Dell will report its latest quarterly earnings ahead of schedule in a move likely to spur speculation that the results will be dismal.
The schedule change announced Tuesday means Dell Inc. will release its fiscal first-quarter earnings after the market close this Thursday. The Round Rock, Texas, company had planned to report the results on May 21.17. Dell board committee seeks more info on Icahn plan - Friday, May 10, 2013
Dell board members say they need more details from investor Carl Icahn if he wants them to seriously consider his latest challenge to Michael Dell's $24.4 billion plan to take the computer maker private.18. Icahn, Southeastern challenge Dell takeover plan - Friday, May 10, 2013
Dell's largest independent shareholder has teamed with activist investor Carl Icahn in another challenge to founder Michael Dell's $24.4 billion bid to take the struggling computer maker private.
Southeastern Asset Management and Icahn said in a letter sent Thursday to the Dell Inc. board that they want to let shareholders keep their stock and give them either $12 per share in cash or additional shares in a deal that keeps the company publicly traded. They said this would give shareholders a stake in future gains made by the Round Rock, Texas, company.
19. Dell, Icahn agree on a share ownership cap - Friday, April 12, 2013
Dell Inc. and Carl Icahn have agreed to cap his stake in the personal computer maker while the panel considers competing takeover bids from the billionaire investor, a group led by CEO Michael Dell and buyout specialist Blackstone Group.20. Major Dell shareholder favors recent buyout offers - Friday, April 05, 2013
MEMPHIS (AP) — A major Dell shareholder is urging the slumping personal computer maker's board to scrap a $24.4 billion deal to sell the company to a group including CEO Michael Dell and pursue two competing bids instead.21. Dell drama takes new twist with 2 new buyout bids - Friday, March 22, 2013
SAN FRANCISCO (AP) — The two new suitors pursuing Dell have a message for Wall Street: Don't allow Michael Dell to hoard potential gains from the PC maker's expansion into more profitable technology products and services.22. Deal to sell Dell may be about to face competition - Friday, March 22, 2013
SAN FRANCISCO (AP) — Is Michael Dell's attempt to gain more control over his company about to turn into a financial tug-of-war?
The answer could come Friday. That's the end of a 45-day period that Dell Inc.'s board of directors set to allow for offers that might top a Feb. 5 deal to sell the personal computer maker to CEO Michael Dell and a group of investors for $24.4 billion.23. Icahn proposes alternative to Dell buyout - Friday, March 01, 2013
Billionaire investor Carl Icahn wants Dell Inc. to remain a public company and proposed rewarding shareholders with a large dividend payment instead of becoming private in a $24.4 billion buyout.
He says the amount being offered by a group led by Dell founder and CEO Michael Dell substantially undervalues the slumping PC maker.24. Dell committee defends $24.4B sale as best choice - Friday, March 01, 2013
SAN FRANCISCO (AP) — The Dell Inc. committee that negotiated the slumping PC maker's $24.4 billion buyout is standing behind the deal despite the misgivings of major shareholders who believe the price is too low.25. Dell looks to calm shareholder concern over buyout - Friday, February 08, 2013
NEW YORK (AP) — Dell is trying to reassure shareholders about its proposed $24.4 billion acquisition by a group led by its founder, saying it considered a number of strategic options before agreeing to the deal.