Michael Dell, Silver Lake won't raise Dell buyout offer, AllThingsD says

theflyonthewall.com

Michael Dell and private equity firm Silver Lake are determined to stay the course and not bow to pressure from Carl Icahn and other shareholders to raise their offer for Dell, says AllThingsD. Dell and Silver Lake are “prepared to see the deal blow up” rather than raise their bid of $13.65 a share, says AllThingsD, citing sources.

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