http://hothardware.com/cs/forums/43.aspxThe place where you'll find daily HotHardware News stories for discussion, that don't relate to a specific HH Forum category.enCommunityServer 2008.5 SP2 (Build: 40407.4157)http://hothardware.com/cs/forums/thread/446428.aspxMon, 11 Feb 2013 17:01:14 GMTba4e517a-01ef-48a6-b096-821b95afe388:446428RWilliams0http://hothardware.com/cs/forums/thread/446428.aspxhttp://hothardware.com/cs/forums/commentrss.aspx?SectionID=43&PostID=446428<p>I&#39;m no investor, but that takeover price did seem kind of mild. It was something like a minor 25% premium over the current share price, and no one ever plans on investing just for those kinds of small gains.</p><div style="clear:both;"></div>http://hothardware.com/cs/forums/thread/446422.aspxMon, 11 Feb 2013 15:30:18 GMTba4e517a-01ef-48a6-b096-821b95afe388:446422News0http://hothardware.com/cs/forums/thread/446422.aspxhttp://hothardware.com/cs/forums/commentrss.aspx?SectionID=43&PostID=446422<div class="newsText" id="dvPreComment"><img alt="" style="float: right;" src="http://hothardware.com/newsimages/Item24470/Dell_logo.jpg" /><a href="http://hothardware.com/Tags/michael-dell.aspx">Michael Dell</a>, along with partners Silver Lake Management and <a href="http://hothardware.com/Tags/microsoft.aspx">Microsoft</a>, are anxious to complete a <a href="http://hothardware.com/News/Dell-Going-Private-in-24-Billion-Dollar-Leveraged-Buyout-with-Microsoft-and-Silver-Lake-Management/">takeover bid</a> of the world&#39;s third largest PC maker, but not everyone involved is gung-ho to get it done. Southeastern Asset Management, Dell&#39;s biggest outside shareholder, plans to fight the acquisition on the basis that Mr. Dell&#39;s takeover price isn&#39;t high enough.<br /> <br /> Michael Dell and his investment partners struck an agreement with Dell&#39;s board to acquire the company for $13.65 per share, valuing the company at $24.4 billion. However, Southeastern Asset Management wrote in a letter to the board that Dell is worth closer to $24 per share, <em>The New York Times</em> reports.<br /> <br /> <div style="text-align: center;"><img src="http://hothardware.com/newsimages/Item24470/Dell_Sign.jpg" alt="Dell" /><br /> <span style="font-size: 11px;"><em>Dell via Flickr</em></span> </div> <br /> Southeastern Asset Management called the current proposal an "ill-advised transaction" and has asked the board to look for other proposals, given that Dell has a 45-day window to solicit other bids. Barring a better offer, Southeastern Asset Management says it&#39;s ready to wage war via proxy fight and through lawsuits.<br /> <br /> Dell has already started laying the groundwork in case things get nasty. The company on Monday said it consulted with advisers before accepting the buyout offers.<br /> <br /> "Based on that work, the board concluded that the proposed all-cash transaction is in the best interests of stockholders," said David Frink, a spokesman for Dell. "The transaction offers an attractive and immediate premium for stockholders and shifts the risks facing the business to the buyer group."</div><div class="newsTextBody" id="dvBody"></div><div class="newsText" id="dvComment"></div>