- Some of the largest Dell (DELL) investors that have abstained so far in Michael Dell's and Silver Lake's bid to take the company private have reportedly told the firm's board that they'll back the buyout group's increased offer of $13.75 a share.
- That would appear to be enough for Michael Dell and Silver Lake to win out if the record date for shareholders is amended.
- The speculation follows reports that the buyout group fears their deal will collapse after Dell's Special Committee refused to ignore abstentions, which count as no votes.
- The twice delayed investors ballot on the deal is due to take place on Friday.
Dell buyout group could snatch victory from jaws of defeat
Aug 1 2013, 02:13 ET