4 Merger and Acquisitions Stock Stories Rounding Out the Week
Dell (NASDAQ:DELL): Current price $13.47
Southeastern Asset Management, which is Dell’s biggest shareholder with 7.5 percent, told the firm that the $24.4 billion buyout offer undervalues it, adding to a number of of investors who are anything but sanguine with the now famous arangement to take it private, according to two inside sources. The shareholder is said to have told Dell that it is “disturbed” by the $13.65 per share offer and rather thinks that the company is worth $20 per share, the sources said on Thursday.
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