The Special Committee overseeing Dell's buyout proposal has reached an agreement with company founder Michael Dell and his associates, Silver Lake Partners, on a proposed purchase in which shareholders will get US$13.75 per share and a special dividend of $0.13.
Carl Icahn Thursday filed a lawsuit against Dell and its board of directors on Thursday.
Dell's board gave company founder Michael Dell and his associates, Silver Lake Partners, a setback in their fight with investor Carl Icahn to take the PC maker private.
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The takeover bout for Dell resumed on Monday. Shareholders vote on Aug. 2.
Dell has started shipping its thumb-size PC called Project Ophelia to beta testers and is preparing to ship the final product in the coming months.
A decision to raise the offer to take Dell private by Michael Dell and his Silver Lake partners is a concession that rival Carl Icahn and affiliated parties may have an upper hand in the wrangling, observers say.
Michael Dell has raised his offer to take Dell private by US$0.10 per share, to about $24.7 billion, after the company was forced to delay a vote because stockholders seemed inclined to reject the bid.
Dell has delayed a shareholder vote of a proposed buyout deal in which founder Michael Dell and Silver Lake Partners would take the company private.
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