Michael Dell, CEO of the PC maker that bears his name, may be considering a buyout offer from the Blackstone Group — a bid that competes with a deal he put together himself — but only with some serious strings attached. Apparently he not only wants the company to retain the Dell moniker, but also wants to remain in charge. If Blackstone Group can’t guarantee him the CEO spot, Dell reportedly said he would cash in his shares and walk away. That would mean his 15.6 percent stake in the company — about $4.5 billion — would go with him.
Loading ...
Michael Dell Goes Into Safe Mode
Posted by: Peter Suciu April 1, 2013 11:54 AMMichael Dell, CEO of the PC maker that bears his name, may be considering a buyout offer from the Blackstone Group — a bid that competes with a deal he put together himself — but only with some serious strings attached. Apparently he not only wants the company to retain the Dell moniker, but also wants to remain in charge. If Blackstone Group can’t guarantee him the CEO spot, Dell reportedly said he would cash in his shares and walk away. That would mean his 15.6 percent stake in the company — about $4.5 billion — would go with him.