|
Dell rejects shareholder rights group request for info leading to buyoutAP ROUND ROCK, Texas -- Dell has rejected a request from a shareholder rights group seeking to review the internal information that led to a proposed US$24.4 billion sale of the struggling personal computer maker.
March 14, 2013, 12:00 am TWN In a letter Tuesday, a Dell lawyer told the Shareholder Forum that it hadn't met the legal standard needed to gain access to confidential assessments that swayed the decision-making process of the company's board. The Shareholder Forum, acting on behalf of an unidentified Dell shareholder, is trying to determine if the Round Rock, Texas, company is worth more than the US$13.65 per share being offered by its CEO Michael Dell and a group of investors led by Silver Lake. |
![]() | ||||||||||||||||||||||