Law360, New York (February 06, 2013, 7:10 PM ET) -- Experts say a low breakup fee in Dell Inc.'s $24 billion leveraged buyout is both an effort by the board to encourage competing bidders to come forward and an acknowledgment that there are few, if any, to be found.
If Dell can find a better offer within the 45-day go-shop period, it will owe $180 million to Silver Lake Partners and founder Michael Dell, which are teaming up to take the company private. That's just 0.75 percent of the purchase price, a fee uncharacteristically low for...
Dell's Low Breakup Fee Hints At Small Pool Of Buyers
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