T. Rowe Price Joins Opponents Of $24B Dell Buyout

Law360, New York (February 12, 2013, 5:56 PM EST) -- Another one of Dell Inc.'s biggest investors, money manager T. Rowe Price Group Inc., said Tuesday it would vote against a proposed $24.4 billion private equity-backed buyout that would take the company private, adding to growing opposition that could threaten the deal.

T. Rowe Price, which holds more than 4 percent of Dell's shares, is the company's third-largest shareholder. The firm said the proposed $13.65 per share bid — which would hand over ownership to CEO and founder Michael Dell and Silver Lake Partners — shortchanges...
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