Blackstone Deal Reunites Dell With Old Foe

Law360, New York (March 27, 2013, 5:52 PM EDT) -- The Blackstone Group LP's bid for Dell Inc. reunites the computer maker with a private equity firm it knows well: Insight Venture Partners, which Dell beat out in a closely watched bid for Quest Software Corp. last year.

Insight is one of Blackstone's private equity partners on a preliminary proposal, submitted to Dell's board last week, to pay upwards of $14.25 per share for the company. That's about 4 percent higher than the offer on the table from Silver Lake Partners and founder Michael Dell, and...
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