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4 years ago
Dell to hold shareholder meeting on proposed buyout July 18
May 31, 2013 / 10:51 AM / 4 years ago

Dell to hold shareholder meeting on proposed buyout July 18

1 Min Read

May 31 (Reuters) - Dell Inc said it will hold a special meeting for shareholders on July 18 to vote on a proposed $24.4 billion buyout led by founder and Chief Executive Michael Dell.

A special committee of Dell's board also issued a letter to shareholders recommending that they vote to approve the deal.

Activist investor Carl Icahn and Southeastern Asset Management Inc have mounted a rival bid.

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