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Dell's buyout teeters as it rejects voting change

NEW YORK (Reuters) - Michael Dell's and Silver Lake's $24.4 billion bid to take Dell Inc private suffered a blow on Wednesday after the company's special committee rejected their request to change the voting rules in exchange for them offering $150 million more.Full story

Faber Report: Dell update

  Dell's special committee is willing to change the record date if Michael Dell keeps his bid at $13.75, reports CNBC's David Faber.

News Summary: Icahn contests Dell offer condition

DELL DISPUTE: Investor Carl Icahn is warning that a recent offer from Dell's founder to buy the struggling computer maker bypasses an important shareholder safeguard. Full story

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Articles

Dell Founder Sweetens Offer to Take the PC Maker Private

Silver Lake would not back Dell offer at $14 per share: source

SAC's Cohen was too busy to spot insider info in email: lawyers

Choices: Closer look at 2 plans for Dell's future

Biographical information on Michael Dell

Dell shareholder meeting adjourned to July 24

Timeline: Dell's buyout - a topsy-turvy affair

Dell founder stands firm on buyout offer as vote delay mulled

News Summary: Icahn sweetens Dell counterproposal

Some Dell shareholders plan to vote against CEO's buyout

Video

  Faber Report: The fate of Dell & HMA deal

CNBC's David Faber reports the latest details on the bid to buy Dell ahead of its shareholders meeting, and Community closes in on its acquisition on HMA.

  Global M&A picture

Mark Shafir, global co-head of mergers & acquisitions, Citigroup, discusses the Michael Dell/Silver Lake offer for Dell. Shafir is an advisor to Dell and Silver Lake. He also talks about Elan and the broader M&A picture in the second half.

  Faber Report: Dell's game of chicken

CNBC's David Faber reports on the situation with Dell and whether Michael Dell is likely to sweeten his bid for the company. Shareholders will vote on the buyout on July 24th.

  Icahn blasts Dell's board

Dell delayed a vote on founder Michael Dell's plan to take the company private. Shares are up more than 2 percent on the news. Dennis Berman, Wall Street Journal, weighs in.

  Techapalooza

Jayson Noland, Robert Baird; Alex Gauna, JMP Securities; and Colin Gillis, BGC, analyze Dell, Qualcomm, and Google.

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Related Photos

Michael Dell Chairman and CEO of Dell Inc arrives for the launch event of Windows 8 operating system in New York
Michael Dell Chairman and CEO of Dell Inc arrives for the launch event of Windows 8 operating system in New York

Michael Dell Chairman and CEO of Dell Inc. arrives at the launch event of Windows 8 operating system in New York, October 25, 2012. REUTERS/Lucas Jackson

The logo of a Dell laptop computer is pictured in Pasadena
The logo of a Dell laptop computer is pictured in Pasadena

The logo of a Dell laptop computer is pictured in Pasadena, California in this July 17, 2013 file photo. Dell Inc shareholders converge again in Texas on July 24, 2013 to vote on CEO Michael Dell's $24.4 billion buyout offer, after a previous meeting was pushed back a week to buy time to convert inv

File photograph of a Dell laptop computer in New York
File photograph of a Dell laptop computer in New York

A Dell laptop computer is pictured in New York in this August 26, 2008 file photo. Dell Inc shareholders converge again in Texas on July 24, 2013 to vote on CEO Michael Dell's $24.4 billion buyout offer, after a previous meeting was pushed back a week to buy time to convert investors on the fence ab