Dell delays vote on buyout, sign it lacks support

Round Rock, Texas • Dell has delayed Thursday’s vote on founder Michael Dell’s plan to take the slumping computer maker private in a sign the board needs more time to rally support. Dell called a special shareholders meeting to order, then quickly adjourned it without a formal vote of the $24.4 billion buyout offer from Michael Dell and a group led by investment firm Silver Lake. It was rescheduled for July 24 at the company’s headquarters in Round Rock, Texas. The postponement is a significant ...

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