Dell Buyout Shareholder Lawsuit

 

Dell take over lawsuit summary

Dell announced that its board of directors agreed to an offer by founder and chief executive Michael Dell and private equity firm Silver Lake Management to take Dell private at $13.65 per share.  The announced transaction values Dell at $24.4 billion.

Dell take over announcement raises serious questions for current Dell shareholders

Is $13.40 a fair price?  Some shareholders believe the current offer is too cheap, and that an offer of $20 would have been fairer.

Was the transaction negotiated at arms length?  The “going private” transaction is led by founder and current Dell CEO Mike Dell.  Given the tight pre-announcement relationship, questions exist as to whether the Dell board acted in the best interest of Dell shareholders.

Dell going private merger shareholder investigation

We are investigating whether the proposed transaction is fair to Dell shareholders.  The investigation concerns whether the Dell’s board of directors’ process for consideration of the proposed transaction was adequate, whether Dell is acting in its shareholders’ best interests and whether the proposed share price to be paid to Dell shareholders is fair and adequate. 
If you own the common stock of Dell and if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please fill out the contact form on this web page or call Attorney George Pressly at Morgan & Morgan toll free at 1 (800) 631-6234

 

Entity Name: 
Dell
Stock Symbol: 
DELL
Filing Deadline: 
Wednesday, February 6, 2013

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