Dell Inc's special committee is seeking at least $14 per share from Michael Dell and Silver Lake in order to consider a potential change in voting rules, a person familiar with the matter said on Wednesday. The special committee might not endorse the proposed changes in voting rules even if the takeover group raised its takeover offer to $14 per share or more, the person added, asking not to be named because he was not authorized to speak with the media. The buyout group raised its offer on Wednesday to $13.75 per share.
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 traded higher by 0.93% or $0.12/share to $13.00. In the past year, the shares have traded as low as $8.69 and as high as $14.64. On average, 22087900 shares of DELL exchange hands on a given day and today's volume is recorded at 64490292.
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