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Acquisition Latest News: Proxy Firm Glass Lewis Also Backs Michael Dell's Buyout Offer

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July 08, 2013 AT 5:58 PM
Shareholder advisory firm Glass Lewis joined ISS in recommending that Dell stockholders vote in favor of CEO Michael Dell's $24.4 billion offer to take over the ailing PC maker. Investors in the company, several of which have pushed for better terms from the company's founder and private equity house Silver Lake, are scheduled to vote on the offer July 18.