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Dell (DELL) shareholders will get only a modest LBO offer price increase, sources tell...

Dell (DELL) shareholders will get only a modest LBO offer price increase, sources tell dealReporter. This scoop arrives less than 24 hours after a source the NY Post reported (citing one source) no higher bid will arrive. Is the LBO consortium playing hardball, or is it just waging a covert PR campaign to discourage investors wanting a significantly higher offer? Either way, Dell closed at $14.32, down a mere $0.05 on the day.
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Comments (10)
  • tonto13
    , contributor
    Comments (4) | Send Message
     
    As a small investor I watch the roller coaster continue on it's track.
    12 Mar 2013, 05:49 PM Reply Like
  • Chris DeMuth Jr.
    , contributor
    Comments (4246) | Send Message
     
    It should go without saying that many of these comments are strategic and come from the buyout group.
    12 Mar 2013, 05:57 PM Reply Like
  • DJS1843
    , contributor
    Comments (32) | Send Message
     
    I am also a small stock holder with no say about this abhorrent 13.65 a share LBO being offered by this board of directors. I was under the impression the company is worth at least 22.00 per share....................
    12 Mar 2013, 06:57 PM Reply Like
  • Chris DeMuth Jr.
    , contributor
    Comments (4246) | Send Message
     
    $22 is probably about right.
    12 Mar 2013, 07:15 PM Reply Like
  • texdelingo
    , contributor
    Comments (2) | Send Message
     
    Perhaps what it's worth, but is $22 at all realistic to even consider? Is $15 even realistic?
    13 Mar 2013, 04:53 AM Reply Like
  • Chris DeMuth Jr.
    , contributor
    Comments (4246) | Send Message
     
    I think that $22 is very realistic to consider, for what that is worth. It is the basis upon which many shareholders will vote against the current offer. At the end of the day, will we split the difference and move on? Maybe. But having a serious valuation difference to start matters.
    13 Mar 2013, 07:41 AM Reply Like
  • tonto13
    , contributor
    Comments (4) | Send Message
     
    My comment certainly is not from the buyout group. That group has no interest in you, me or anyone else except themselves. That is for certain.
    13 Mar 2013, 06:24 AM Reply Like
  • kleshy
    , contributor
    Comment (1) | Send Message
     
    If its a $22 stock with declining market share and profits in a raging bull market, WHY WAS IT TRADING AT $11 before this deal was announced? Ill tell you why, its an $11 stock. $13.65 is very generous given whats on the books. Icahn will see the books and run from this company.
    13 Mar 2013, 05:15 PM Reply Like
  • DJS1843
    , contributor
    Comments (32) | Send Message
     
    I agree with the idea "starting with $22.00 a split to around $17.00 will probably be the final offer.
    17 Mar 2013, 12:52 PM Reply Like
  • Chris DeMuth Jr.
    , contributor
    Comments (4246) | Send Message
     
    Stranger things have happened. I would be neither surprised nor disappointed by such a resolution.
    17 Mar 2013, 02:08 PM Reply Like
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