$24B Dell Go-Private Deal Unfair To Investors, Suit Says

Law360, Wilmington (February 6, 2013, 6:38 PM EST) -- A Dell Inc. shareholder launched a class action Wednesday aiming to block the $24.4 billion leveraged buyout of the computer maker hatched by its founder and a private equity firm, alleging the “opportunistic” deal shortchanges investors.

In a complaint filed in Delaware Chancery Court, Catherine Christner said the $13.65 per-share offer from Michael Dell and Silver Lake Partners LP to take the company private — one of the largest leveraged buyouts since the financial crisis — robs investors of the chance to benefit from recent moves...
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