The votes are in, and the majority of peHUB readers who participated in our online poll this week believe that Michael Dell and Silver Lake will hold off competing offers to take Dell Inc. private in a proposed $24.4 billion buyout deal.
Just more than a third of our voters thought The Blackstone Group could pull off a competing bid, while scarcely one in 10 thought that Carl Icahn could prevail. The two competing offers came in last Friday as Dell Inc. came to the end of a “go-shop” period following the Silver Lake deal, which was announced in February.
Some readers also offered comments about the auction:
“MD/SL will ultimately increase their bid. A friendly deal with MD’s equity participation is critical for the deal to succeed.”
“He knows how to sustain the company, think about being emotionially attached ;)”
“Any potential deal will end up like Freescale – a disaster. Dell needs to use all of its capital and talent? to rebuild its business.”
Steve Bills is a senior editor at Buyouts Magazine. Any opinions expressed here are entirely his own. Follow him on Twitter @Steve_Bills. Follow Buyouts tweets @Buyouts. For information on how to subscribe, contact Greg Winterton at firstname.lastname@example.org.