Dell Inc said on Friday a leveraged recapitalization would be fraught with risks for the computer maker and would be unlikely to offer as much value as the $13.65-per-share takeover agreed with founder Michael Dell and the private equity firm Silver Lake Partners. The analysis was part of a preliminary proxy statement published on Friday to inform Dell shareholders of how the $24.4 billion deal was put together, as well as what alternatives the company's board explored before it approved the deal.Under the deal, Michael Dell and his investment firm will own 75.9 percent of Dell, with Silver Lake owning the rest.Dell said the post-buyout plan anticipated adding a significant number of sales personnel and boosting spending on research and development spending. It has no plans to embark on major assets sales following the buyout, it added,The restructuring plan envisioned by Michael Dell and Silver Lake, were it to be carried out with Dell as a public company, would not be palatable to shareholders and the stock could suffer, Dell said.
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 0.07% or $-0.01/share to $14.33. In the past year, the shares have traded as low as $8.69 and as high as $16.85. On average, 38457100 shares of DELL exchange hands on a given day and today's volume is recorded at 22144804.
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