With just 10 days left for investors voting on his buyout deal, Michael Dell is making efforts to woo undecided investors in his favor. A special committee of Dell’s board is scheduled to meet major shareholders to support the buyout deal, reports Aaron Ricadela & Serena Saitto of Bloomberg. In a surprise move, the company got the backing of Institutional Shareholder Services to the leveraged buyout offer made by the company’s founder Michael Dell. ISS is the biggest shareholder advisory firm and its recommendation has enhanced the odds in favor of Silver Lake / Michael to prevail over the rival’s bid. The…
Dell Banks On Undecided Investors For Buyout Deal
Mani
Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports