"Revised deal" might be for less than the $13.65 previously offered. Evercore has been shopping Dell . The major buyout firms, including KKR, after doing some due dilligence decided not to make an offer.
$13.65 per share, $24 billion, is a premium price. Mike Dell and his LBO team don't have to offer so much and may lower their offer to $12.50.
Sure Southeastern and T. Rowe Price paid too much for the Dell shares they own, but that's their problem. both those company's should hire some new money managers who won't over pay for stocks .Hope this helps.
Bashford - Just being curious, are you short dell or something? I'm honestly curious. What is your motivation for trying to convince people your position? For the record, I'm in for tons of May $14 calls, so I obviously want it to go up. I don't know 100% it's going up.
But your first paragraph doesn't make sense. Why would Dell meet with shareholders to say "we are going to offer less?" The fact that they are willing to meet, means that if the large shareholders will agree to something reasonable, they will raise the bid.