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Michael Dell considers Blackstone's preliminary offer for Dell (DELL +3%) "potentially friendly...

Michael Dell considers Blackstone's preliminary offer for Dell (DELL +3%) "potentially friendly to management" and may reach out to the firm this week, the NYT reports. Blackstone has reportedly been scouting possible replacements for Dell should he remain committed to Silver Lake, including Oracle president Mark Hurd.
Comments (3)
  • It is great that Mr. Dell is treating the $BX offer that way.
    25 Mar 2013, 01:21 PM Reply Like
  • He's got 16% of the company's shares, so he benefits from a higher price as well. Carl also said he had spoken with Blackstone, so it looks like the prospect of a bidding war may be out.
    25 Mar 2013, 02:30 PM Reply Like
  • Let's not forget Southeastern and TRowe...and it also seems likely that Icahn took the capital risk to build a position (probably close to $14 cost) to vote his shares for a deal that comes in < $15/shr
    25 Mar 2013, 04:29 PM Reply Like
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