DELL falls 2.5% to $13.60 after Blackstone informs the computer-maker's board it isn't...

|By:, SA News Editor
DELL falls 2.5% to $13.60 after Blackstone informs the computer-maker's board it isn't interested in pursuing a bid for the company that may have topped Silver Lake and Michael Dell's $13.65 offer. Blackstone's exit speaks to doubts about the future of the PC industry as well as its inability to figure out how to get ahold of Dell's overseas cash hoard without incurring a large tax bill.