MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Thursday, July 18, 2013 Dell Deal Vote Gets Closer To No The Dell deal has a growing list of shareholder challengers now, with Vanguard [profile], State Street Corp [profile] and BlackRock [profile] joining other disaffected shareholders in the ranks such as Southeastern Asset Management [profile] and activist investor Carl Icahn, The WSJ's Shira Ovide, Sharon Terlep and David Benoit report. That brings the percentage of negative votes to 30 percent from 21 percent earlier this week, when Vanguard and State Street's support was unknown. Forty-three percent is needed to defeat the deal. Michael Dell and his advisers have not made a decision to delay the shareholder vote yet, even as the company's shares continued to fall. People familiar with board deliberations and with Dell said there may be an adjournment as opposed to delaying it, which would only last a few days to a week, Ovide, Terlep and Benoit write. To read more, click here. Printed from: MFWire.com/story.asp?s=44983 Copyright 2013, InvestmentWires, Inc. All Rights Reserved |