Home From the Wires Dell gets two alternative takeover proposals

Dell gets two alternative takeover proposals

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Monday, March 25, 2013

Wall Street Journal: Dell received two alternative takeover proposals, from Carl Icahn and Blackstone Group.

[Founder Michael] Dell last month teamed with private-equity firm Silver Lake Partners to take Dell private. The deal has drawn criticism from some shareholders as undervaluing the company.

Mr. Dell, whose offer of $13.65 a share values the struggling computer maker at $24.4 billion, considers Blackstone's bid for his company "management friendly," said a person familiar with Dell's position.

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