YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

US court rules $24.9B Dell buyout underpriced by 22%

Posted online
The buyers of Dell Inc. may be returning money to investors who opposed the $24.9 billion buyout.
 
A Delaware judge this week ruled buyers Michael Dell and Silver Lake Partners undervalued the purchase by about 22 percent, or $17.62 per share, compared to the final price of $13.75.
 
The opposing investors originally sought $28.61 per share in an appraisal lawsuit and will net about $20.84 after interest.
 
The ruling means the buyers may be on the hook to return tens of millions of dollars on roughly 5.5 million Dell shares, according to Reuters.
 
Read more from Reuters.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
Fall 2026 Architects & Engineers Project Report

This installment of Springfield Business Journal’s Architects & Engineers Project Report showcases 26 endeavors by area design and engineering professionals.

Most Read
Update cookies preferences