It's not so bad if no deal! Fire Mikey and the current BOD. It's never good if the CEO does not believe in the company. If Mikey and you think that 13.65 is such good deal, let mikey sell all his shares! Good riddance.
Should SE Partners submit their own Proxy that includes a slate of BOD they recommend it could win some coveted BOD seats. Michael Dell would still likely be CEO but he'd no longer have a rubber stamp BOD membership.
I doubt Michael Dell wants to be told NO...his only option is to ante up, else face the outcome of a rejected offer and new BOD staffing.