Tuesday, March 19, 2013

Dell: New Bidding War With Blackstone In Mix?

The bid to take Round Rock-based Dell private took a new twist Monday evening, on reports that private equity firm Blackstone may be mulling a competing bid for the computer maker. Bloomberg, citing "people with knowledge of the matter" said that Blackstone may be preparing a competing bid for Dell, which would rival the current $24.4 billion offer from Silver Lake Management and Michael Dell.