"I am at peace either way and I will honor your decision," says Michael Dell in an open letter...


"I am at peace either way and I will honor your decision," says Michael Dell in an open letter to DELL shareholders. He calls it "clearly unfair" that the 25% (at this point) of unaffiliated abstaining votes could null out what may turn out to be a majority of voting unaffiliated shares in favor of his and Silver Lake's offer. The stock's little-changed at $12.90.
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Comments (3)
  • elbrujo
    , contributor
    Comments (8) | Send Message
     
    Dear Mr. Dell,
    Less than an affirmative majority of the unaffiliated holders required for approval ? Less than a majority voting for the deal ? And we sell the entire company ? Why vote at all ? If the board (in the stockholders' best interest) has decided to sell the company, shouldn't they mail me a check instead of all these proxies ?
    25 Jul 2013, 01:26 PM Reply Like
  • pat walsh
    , contributor
    Comments (339) | Send Message
     
    My head is still spinning from increase of ten cents.Mercedes for everyone in my family.
    25 Jul 2013, 03:29 PM Reply Like
  • bluecat38
    , contributor
    Comments (10) | Send Message
     
    Me Dell wants what he wants which happens to be his company, not being fair with shareholders. That seems to be standard practice for founding CEO's. we are only the pawns.
    28 Jul 2013, 06:04 PM Reply Like
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