Dell Buyout Doesn't Have Votes to Pass Yet
July 18 2013 - 10:00AM
Dow Jones News
Several large shareholders including BlackRock Inc. (BLK) and
Vanguard Group Inc. voted in favor of a buyout of Dell Inc. (DELL)
proposed by a group of investors and founder Michael Dell, but the
proposal still lacks shareholder votes, Reuters reported Thursday,
citing a person familiar with the matter.
Other big investors such as State Street Corp, Bank of New York
Mellon Corp. and Invesco also voted in favor of the deal on
Wednesday night, the eve of the shareholder meeting, the person
said.
Full story at
http://www.reuters.com/article/2013/07/18/net-us-dell-buyout-idUSBRE96G1F92013071
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