Return to Washington Examiner Homepage
May 23, 2013 | 11:11 AM
news
Washington D.C. weather
News: Business

News Summary: Will Dell attract more suitors?

March 21, 2013 | Modified: March 21, 2013 at 9:46 pm
Leave a comment

BUYOUT DRAMA: Other bidders still may try to trump a 6-week-old deal calling for personal computer maker Dell Inc. to be sold for $24.4 billion to its CEO, Michael Dell, and a group led by Silver Lake Partners.

PROSPECTIVE SUITOR: Blackstone Group has been mulling making an offer that would top the current sale price of $13.65 per share, according to published reports. Under one long-shot scenario, Blackstone is hoping it can persuade former Hewlett-Packard Co. CEO Mark Hurd to run Dell if it mounts a successful takeover

DECISION TIME: Dell Inc. wants all competing bids to be submitted by the end of Friday, although that deadline could be extended.