Dell offer raised by founder – it’s apparently his final and best
Technology giant Dell has announced that its founder Michael Dell and the private equity group Silverlake have hiked their offer for the firm to $13.75 per share.
That's an increase of $0.10 per share, and constitutes what Michael Dell says is his final and best offer. The Dell special meeting has been delayed until Friday, 2 August.
My guess is Carl Icahn will be out with a puke release on the Dell bump before noon.
— Ivan the K™ (@IvanTheK) July 24, 2013