Dell Inc shareholder Yacktman Asset Management threw its support behind Carl Icahn and Southeastern Asset Management's takeover proposal for the PC maker.Yacktman, which holds 14.8 million shares of Dell, said it believes Dell founder and Chief Executive Michael Dell's $24.4 billion buyout offer is depressing the stock."A change in the board of directors could significantly improve this and other issues and lead to enhanced shareholder value," Yacktman said in statement on Tuesday.Dell is at the center of a battle, with Michael Dell and private equity firm Silver Lake on one side, and Icahn and Southeastern Asset Management on the other.
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 remained unchanged at $13.44. In the past year, the shares have traded as low as $8.69 and as high as $14.64. On average, 21251100 shares of DELL exchange hands on a given day and today's volume is recorded at 182329.
Source
