FIN 3717 Chapter : Case 1 Dell Buyout
Document Summary
Michael dell founded the public company dell in 1984 in his college dorm room at the. He is currently partnering with the private equity group, silver. Lake, as well as microsoft corp. his first offer was . 65 per share, which got a lot of controversy from current shareholders. Billionaire carl icahn owns 8% of dell"s stock, one of the largest current shareholders. He is very irritated by the company"s . 65 offer. He believes it undervalues the company and has teamed up with another large shareholder, southeastern. He begs that the company stay public and also mentions he has possible. Ceo candidates and people in mind to run the company. Michael and the board bid farewell. michael dell and silver lake have since raised the offer to. . 75 per share and also adding a special dividend of 13 cents per share. This offer amounts to about . 4 billion dollars.
