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Latest Business News: Michael Dell is "At Peace" With Latest Offer

Wochit 0:57 mins

Michael Dell made what reads like his final appeal to shareholders of the company that bears his name, seeking their approval of a $24.6 billion leveraged buyout he has proposed with the private equity firm Silver Lake. ?The decision is now yours. I am at peace either way and I will honor your decision,? he wrote in an open letter filed with the US Securities and Exchange Commission Shares of Facebook are soaring in early trading after the company posted results that made a mockery of analyst-estimates. Federal prosecutors unveiled criminal fraud charges against billionaire Steven A. Cohen's SAC Capital Advisors LP, capping a nearly seven-year probe into one of Wall Street's most renowned firms.

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