Michael Dell and Silver Lake are "prepared to see [their] deal blow up" rather than raise their...

|About: Dell Inc. (DELL)|By:, SA News Editor

Michael Dell and Silver Lake are "prepared to see [their] deal blow up" rather than raise their bid above $13.65/share, sources tell AllThingsD's Arik Hesseldahl. Concerns about Dell's (DELL) PC business and rising borrowing costs are said to underpin their reluctance to pay more. As it is, Bloomberg reported earlier this month Silver Lake's commitment to the deal was wavering. Meanwhile, a source tells Fortune's Dan Primack Dell's special committee believes ~15% of shares will qualify as absentees, which are effectively "no" votes. (previous)