No Sweetening of Deal, Michael Dell Says

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While Dell, Inc (DELL) would have find an increase in offer price from Michael Dell and Silver Lake an offer that is to difficult to refuse and appealing, no such move will take place, according to a source with direct knowledge of the situation.

The Institutional Shareholder Services is set to release its recommendation with regard the buyout proposal soon. ISS seems to tend toward opposition of the deal. This institution's position can no doubt affect perception of investors with regard this matter.

Michael Dell, who established DELL around three decades ago, perceived that he has the ability to maintain control of the company in the future even if he was not able to make the company private. No official comments have been released by representatives of Dell and Silver Lake.

Tags
Dell, Michael Dell, Silver Lake, Buyout

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