[February 05, 2013]

Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of Dell Inc. Shareholders

Kirby McInerney LLP is investigating potential claims against the Board of Directors of Dell (News - Alert) Inc. ("Dell" or the "Company") (NASDAQ: DELL) related to the proposed acquisition of the Company by its founder, Michael Dell, and private equity firm Silver Lake. Under the terms of the agreement, Michael Dell and Silver Lake will acquire all of the outstanding common stock of Dell for $13.65 per share in cash, for a total transaction value of approximately $24.4 billion.

The investigation concerns whether the Dell Board of Directors violated its fiduciary duties by agreeing to this transaction and whether the proposed $13.65 per share cnsideration adequately values Dell common shares. The offer price represents a mere 24% premium to the average price of shares before the deal was announced, and is significantly lower than the $17.65 at which shares were trading a year ago.

If you are a Dell shareholder and wish to obtain additional information, please contact J. Brandon Walker, Esq. by email at bwalker@kmllp.com, by telephone at (212) 699-1145 or (888) 529-4787, or by filling out this contact form.

Kirby McInerney LLP is a New York-based law firm concentrating in securities, shareholder, whistleblower, antitrust and consumer litigation. For additional information, please go to www.kmllp.com.

[ Back To Technology News's Homepage ]