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July 24, 2013 09:31 pm GMT

Michael Dell Ups His Offer To Take Dell Private By A Comically Low $0.10 Per Share

2013-07-24_10h16_41Michael Dell and Silver Lake have offered improved terms for their proposed transaction to take venerable computer OEM Dell private. Their former offer was derailed by activist investor Carl Icahn, who offered an almost bizarre deal that involved removing nearly all Dell shares from the market, but not taking the company private.The new offer of $13.75 per share, is a mere $0.10 improvement.

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