Dell may delay vote on buyout by a week: Bloomberg

wochit politics
July 16, 2013 AT 1:20 PM
Bloomberg reported that Dell Inc may delay by about a week a scheduled July 18 shareholder vote on a $24.4 billion buyout offer from founder Michael Dell and private equity firm Silver Lake. Citing a person with knowledge of the situation, Bloomberg said Dell's special board committee was considering the delay and would likely make a decision by the morning of July 18 based on whether enough votes have been cast to block the buyout.