August 2, 2013 / 10:37 AM / 4 years ago

Dell committee and buyout group close to a deal: WSJ

1 Min Read

Shadows of Michael Dell, chairman of the board and chief executive officer of Dell, are cast under the company logo as he speaks during a press briefing in Tokyo March 24, 2009.Issei Kato

(Reuters) - Dell Inc's special committee and the buyout group led by the company's founder and chief executive, Michael Dell, are close to a deal, the Wall Street Journal reported, citing sources.

Dell shareholders are scheduled to convene for a third time on Friday to vote on Michael Dell's $24.4 billion buyout proposal, helping decide the fate of the No. 3 PC maker after months of dueling with Carl Icahn and other unhappy investors.

Reporting by Sruthi Ramakrishnan in Bangalore,

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below