A bidding war for Dell (DELL) appears to be breaking out. Bloomberg reports Blackstone has...

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

A bidding war for Dell (DELL) appears to be breaking out. Bloomberg reports Blackstone has "submitted a tentative offer" for Dell, while the WSJ reports Blackstone and Carl Icahn have separately notified the special committee they're "working on firm bids." Each has 4 days to present an offer now that Dell's go-shop period has ended. Blackstone is said to have outlined a price range of $13.65-$15/share, and is thinking of selling Dell's financial services arm to help finance its bid. (previous)