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Stock Market & Financial Investment News

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February 8, 2013
15:01 EDTDELLSoutheastern Asset Management reports 8.5% stake in Dell
On February 5, Dell announced that it had signed a definitive merger agreement pursuant to which Michael Dell, together with Silver Lake Partners, intend to cash-out existing stockholders of the company at a per share price of $13.65 in a “going private” transaction. In response to such announcement, on February 8, Southeastern sent a letter to the Board of Directors of Dell expressing its extreme disappointment in the per share price of $13.65, which Southeastern believes grossly undervalues the company. The letter also expressed Southeastern’s current intent to vote against the proposed transaction as currently structured. The letter further stated that Southeastern currently intends to avail itself of all options at its disposal to oppose the proposed transaction, including but not limited to a proxy fight, litigation claims and any available Delaware statutory appraisal rights. Southeastern hereby reserves the right to discuss various alternatives.
News For DELL From The Last 14 Days
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June 25, 2015
07:17 EDTDELLRed Hat to hold a summit
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June 23, 2015
07:41 EDTDELLRed Hat to hold a summit
Red Hat Summit 2015 is being held in Boston on June 23-26 with webcasted company presentations to begin on June 23 at 4 pm; not all presentations may be webcasted. Webcast Link

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