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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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April 27, 2015
09:21 EDTDELLDell to resell Aerohive’s solutions worldwide
Aerohive Networks announced that Dell will resell Aerohive’s solutions worldwide, offering Dell’s customers the combination of Aerohive’s Wi-Fi and cloud services, and Dell’s set of solutions from the data center all the way to endpoint devices. Under the agreement and relationship announced Dell is reselling Aerohive’s award-winning cloud-managed Wi-Fi solutions alongside other Dell products
07:13 EDTDELLUBM Tech to hold a conference
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