Southeastern, which holds a 8.4 percent stake in Dell, said the computer maker is worth at least $24 a share. In the letter, Southeastern said Dell’s business-computing acquisitions, along with its server and technology-services operations, are worth more than the offer. Southeastern hired D.F. King & Co. for consulting and related services, according to a filing today.
“They’re probably going to sweeten it a little bit,” said Brian Marshall, an analyst at ISI Group in San Francisco, who has a neutral rating on Dell shares. “These deals aren’t usually inked on the first offer.”
Everyone is jumping on this -- M. Dell needs to really get this done but at a fair price to the stockholders. Hope to see it at 22.00 at least. Still a lot of heavy buyers at this price hoping and expecting to make a profit. ! Yea or Nay?