A potential bid by private equity firm Silver Lake and its partners to take Dell Inc private is unlikely to be topped by other investors, people familiar with the matter said.Silver Lake has a major advantage in having secured the backing of founder and CEO Michael Dell, who has a roughly 16 percent stake in the world's No.3 PC maker and would participate in the takeover consortium.If Silver Lake clinches a deal with Round Rock, Texas-based Dell, this will result in a so-called "go-shop" period in which the company can actively seek offers from other possible buyers to ensure it has attracted the best possible offer.But senior executives at the largest private equity firms competing with Silver Lake, speaking on condition that neither they nor their funds be identified, told Reuters on Thursday that they were unlikely to top Silver Lake's offer in any auction of the company.
Dell Inc. (Dell) is a global information technology company that offers its customers a range of solutions and services delivered directly by Dell and through other distribution channels. Shares of DELL fell by 0.61% or $-0.08/share to $13.00. In the past year, the shares have traded as low as $8.69 and as high as $18.36. On average, 29310700 shares of DELL exchange hands on a given day and today's volume is recorded at 27358512.
Source
