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Dell Shareholders Approve Buyout

Dell Shareholders Approve Buyout

Dell shareholders have approved a £15.6billion buyout offer by Michael Dell and Silver Lake Partners, according to a preliminary count.

It will end Dell's 25-year spell as a public company.

Although Mr Dell had met resistance from investors regarding the acquisition price, conflicts appear to have been resolved in the subsequent three days.

He said: "I am pleased with this outcome.

"As a private enterprise, with a strong private-equity partner, we will serve our customers with a single-minded purpose and drive the innovations that will help them achieve their goals."


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