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Dell CEO agreed to lower shares’ value to push $24 billion buyout

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SAN FRANCISCO (Reuters) – Dell Inc Chief Executive Michael Dell, aiming to clinch a $24.4 billion deal to take the No. 3 PC maker private, agreed to value his 16 percent stake in the company at about 2 percent below the price offered to other shareholders, company filings on Thursday showed.

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Post Published: 14 February 2013
Found in section: Technology and Science