Things are looking better and better for Michael Dell’s proposed $24.4 billion leveraged buyout offer for the company he founded. Following hard on the heels of repeated disapprovals of a competing offer from billionaire investor Carl Icahn, a special committee of Dell’s board of directors announced on Monday that independent proxy advisory firm Institutional Shareholder Services has agreed that Dell shareholders should vote for Dell’s proposed transaction.
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Michael Dell's Buyout Offer Gets a Key Thumbs-Up
Posted by: Erika Morphy July 8, 2013 04:03 PMThings are looking better and better for Michael Dell’s proposed $24.4 billion leveraged buyout offer for the company he founded. Following hard on the heels of repeated disapprovals of a competing offer from billionaire investor Carl Icahn, a special committee of Dell’s board of directors announced on Monday that independent proxy advisory firm Institutional Shareholder Services has agreed that Dell shareholders should vote for Dell’s proposed transaction.