Dell’s largest investor opposes buyout as too low

A man wipes logo of Dell IT firm at CeBIT exhibition centre in Hannover(Reuters) – Dell Inc's largest independent shareholder Southeastern Asset Management said it plans to oppose the buyout of the personal computer maker, setting up a battle for founder Michael Dell who is leading the effort to operate the company away from public scrutiny. Southeastern sent a letter to Dell's board expressing its “extreme disappointment” in the offer price of $13.65 a share, it said in a regulatory filing. It said it “currently intends to avail itself of all options at its disposal to oppose proposed transaction. …

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Dell’s largest investor opposes buyout as too low

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