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Dell Inc (NASDAQ:DELL): Current Price $12.83
According to sources, Dell Inc (NASDAQ:DELL) has appointed boutique investment firm Evercore Partners Inc (NYSE:EVR) to advise a special committee of its board on the likely leveraged buyout of the company by a group led by Silver Lake Management LLC. Evercore’s brief would be to identify more lucrative offers for the company, if they exist, during the statutory “go shop” period in the event the buyout materializes. Michael Dell, who holds 15.7% in the company, is expected to roll his stake into the $15 billion buyout, say these sources. The “go shop” process run by Evercore would protect the company from lawsuits that may allege it did not make efforts to obtain better offers for its shareholders.
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