Michael Dell urges shareholders to support his buyout bid

Michael Dell Chairman and CEO of Dell Inc arrives for the launch event of Windows 8 operating system in New York(Reuters) – Dell Inc's billionaire founder Michael Dell said he would oppose any leveraged recapitalization of the company and called on stakeholders to vote in favor of his buyout offer, ahead of a shareholder meeting next month. Dell argued his case in a presentation filed with the U.S. Securities and Exchange Commission on Friday, saying that keeping any part of the company public while it transformed itself would hurt Dell's stock price. That in turn would threaten customer perception and make it more difficult to keep employees, he said. …

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Michael Dell urges shareholders to support his buyout bid

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