Why Keep Dell As CEO? He Has Nothing To Show For His Last Six Years
Michael Dell and Silverlake Partners have offered $13.75 per share to take Dell Inc. private. Large shareholders have resisted the price which they believe undervalues the company. Now Carl Icahn and Blackstone Group have made other offers based on their review of Dell’s books but they really aren’t much higher than the original offer. Major Competitors Lenovo and Hewlett Packard also took advantage of the “go shop” opportunity to sign confidentiality agreements to look at the Dell books and learn about the cost structure of a key competitor. They would have been stupid not to avail themselves of the free peak.