Dissent Opens Door For Blackstone's Rare 'Jump' For Dell

Law360, New York (March 26, 2013, 8:37 PM EDT) -- The Blackstone Group LP's offer for Dell Inc. has set up a rare public bidding war between private equity firms. If it succeeds, experts say it will do so with a big assist from the company's public shareholders, many of whom have come out in opposition to a competing offer.

Blackstone on Friday made a nonbinding offer that could value Dell at more than $25.5 billion, about 4 percent above a pending deal with Silver Lake Partners and founder Michael Dell. Dell's special committee has decided...
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