Thursday February 27, 2020

Dell drama reaches climax

Michael Dell will find out this week whether his prospective buyout of the company he founded will succeed or not, writes Philip Connolly.

13th July, 2013
Michael Dell is working hard to buy back the company he founded at the age of 19 in his college dorm room. Photo: Bloomberg

After months of speculation and uncertainty, the drawn out saga of Michael Dell's attempts to buy-out the computer firm he founded in 1984 looks set to come to an end this week.

While billionaire Wall Street investor Carl Icahn has fought Dell every step of the way, this Thursday undecided investors in Dell will vote on whether or not to accept the founder's offer of $13.65 a share.

With $24.4 billion on the table from Dell and...

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