Dell Tells Investors CEO's Buyout Is By The Book

Law360, New York (February 14, 2013, 4:24 PM EST) -- Dell Inc.'s special committee on Thursday released information designed to show its $24.4 billion management buyout is by the book, with CEO Michael Dell approaching the board before rounding up investors and promising to cooperate with any competing bids.

The technology giant has been working to show its special committee wasn't a doormat for the company's chief and his co-investors at Silver Lake Partners, hoping to sidestep the legal challenges that often trip up management buyouts.

The filing, geared toward Dell's investors, said the special committee...
To view the full article, register now.