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Southeastern Asset Management Comments On Dell's Revised Merger Agreement with Michael Dell / Silver Lake

Aug 02, 2013 - PR Newswire
Mergers and Acquisitions

Southeastern Asset Management today issued the following statement in response to the announcement by the Special Committee of the Board of Dell Inc. (NASDAQ: DELL) that it has accepted a revised Michael Dell / Silver Lake offer:

We are extremely disappointed that the Special Committee has agreed to the revised merger agreement. The justification being made for this decision is the characterization of special dividends to be paid to Dell stockholders as "increased value." In fact, the Sp...