Rebel Dell shareholder demands more information - 13 WTHR Indianapolis

Rebel Dell shareholder demands more information

Posted: Updated:
  • HeadlinesHeadlines

  • Saturday, May 18 2013 4:13 PM EDT2013-05-18 20:13:10 GMT
    Pole Day at the Indianapolis Motor Speedway meant a lot more than just racing. This was a family affair with a little bit of something for everyone for non-stop entertainment. The day's festivities started
    Pole Day at the Indianapolis Motor Speedway meant a lot more than just racing. This was a family affair with a little bit of something for everyone for non-stop entertainment.
  • Saturday, May 18 2013 4:03 PM EDT2013-05-18 20:03:11 GMT
    It's less about the lemonade and more about the lesson. More than 20,000 local children got their first taste of the business world Saturday when they took part in Lemonade Day. The work behind John
    It's less about the lemonade and more about the lesson.
  • Saturday, May 18 2013 3:32 PM EDT2013-05-18 19:32:54 GMT
    There could be bumping at Indianapolis this weekend. Schmidt Peterson Motorsports said Saturday afternoon that it has hired British driver Katherine Legge to drive the No. 81 car. That gives Indianapolis
    There could be bumping at Indianapolis this weekend.
ROUND ROCK, TEXAS -

Dell's largest independent shareholder is turning up the pressure against the proposed $24.4 billion sale of the struggling personal computer maker to a group of investors that includes its CEO.

In a letter Tuesday, Southeastern Asset Management demanded that Dell Inc. provide a list of the company's other stockholders. Obtaining that information could help Southeastern rally support for a shareholder mutiny to block the deal.

Dell says it will review Southeastern's request.

Dell's board of directors last month announced plans to sell the company to founder and CEO Michael Dell and other investors led by Silver Lake for $13.65 per share.

Southeastern contends Dell is giving its CEO a bargain. The firm believes Dell is worth closer to $24 per share.

(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

Powered by WorldNow
Links to the FCC website to view WTHR and/or WALV’s on-line public inspection files:
WTHR: https://stations.fcc.gov/station-profile/WTHR   ||   WALV: https://stations.fcc.gov/station-profile/WALV
Individuals with disabilities may contact Jill Pursell at publicfile@wthr.com, or 317.655.5602, for assistance with access to the public inspection files.
Powered by WorldNowAll content © Copyright 2000 - 2013 WorldNow and WTHR. For more information on this site, please read our Privacy Policy and Terms of Service.