Morgan & Morgan P.C. Announces Investigation of Dell, Inc. Buyout (NASDAQ:
NEW YORK, Feb. 6, 2013
NEW YORK, Feb. 6, 2013 /PRNewswire/ -- Morgan & Morganis investigating the
Board of Directors of Dell, Inc. ("Dell" or "the Company") (NASDAQ: DELL) for
possible breaches of fiduciary duty and other violations in connection with
its going private transaction involving Michael Dell, Dell's Founder, Chairman
and CEO and Silver Lake, a private equity firm, among others.
If you are an investor in Dell, and you want to learn more about our Dell
shareholder investigation, contact George Pressly, Esq. at Morgan & Morgan at
1 (800) 631-6234 or via email firstname.lastname@example.org.
Under the terms of the proposed transaction,shareholders will receive $13.65
for each share of Dell stock they own. The transaction is valued at
approximately $24.4 billion. The investigation concerns whether Dell's board
of directors failed to adequately shop the Company and obtain the best
possible value for Dell's shareholders before entering into an agreement.
According to Yahoo! Finance, at least one analyst has set a price target for
Dell stock at $16.00.
The investigation also focuses on whether Michael Dell has a conflict of
interest in connection with the proposed transaction.
About Morgan & Morgan
Morgan & Morgan is one of the nation's largest 200 law firms. In addition to
securities law, the firm also practices in the areas of antitrust, personal
injury, consumer protection, overtime, and product liability. All of the
Firm's legal endeavors are rooted in its core mission: provide investor and
consumer protection and always fight "for the people."
Attorney advertising. Prior results do not guarantee a similar outcome.
Morgan & Morgan
28 West 44^th Street
New York, NY 10036
1 (800) 631-6234
SOURCE Morgan & Morgan
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