Dell Shareholders Greenlight $25B Buyout

Law360, New York (September 12, 2013, 10:29 AM EDT) -- Dell Inc.'s $25 billion buyout finally passed a shareholder vote on its fourth try Thursday, all but sealing a deal that has served for months as a cautionary tale about the perils of take-privates, especially those by insiders.

A majority of Dell shareholders approved the deal, which is set to close later this fall. The final tally wasn't available Thursday afternoon, but CNBC, citing sources familiar with the result, reported that 65 percent voted in favor.

The vote allows RBC Capital Markets, Bank of America Merrill...
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