Boston, MA 05/14/2013 (wallstreetpr) – The shareholders of Dell Inc. (NASDAQ:DELL) (Current: $13.43, down by 0.67%) are valuing two competing offers – one from South Eastern Asset Management Inc. and the other from Silver Lake Management LLC. While the bid from Carl Icahn’s South Eastern Asset Management would make Dell Inc. (NASDAQ:DELL) to trade in the public, the offer from Michael Dell and Silver Lake Management LLC would leave the company private.
Offer from Carl Icahn
Carl Icahn of South Eastern Asset Management Inc. had offered the shareholders of Dell Inc. (NASDAQ:DELL) to choose between $12 per share or $12 in additional shares valued at $1.65 per piece. This offer from Carl Icahn would need to be financed through $5.2 billion bridge loan. South Eastern Asset Management Inc. confides that Jefferies Group LLC. (NASDAQ:JEF) would finance $1.6 billion of this loan.
Offer from Silver Lake and Michael Dell
On the other hand, the Silver Lake Management LLC. And Michael Dell had offered the shareholders a straight $13.65 per share. Jefferies Group LLC. (NASDAQ:JEF) believes that the shareholders would favor this bid much higher than that from Carl Icahn’s South Eastern Asset Management Inc. It is obvious from the fact that $13.65 per share offer would ensure cash flow and would completely eliminate the risk attached to the competing bid.
Despite Carl Icahn’s statement of Jefferies Group LLC. (NASDAQ:JEF) financing his bid for Dell Inc. (NASDAQ:DELL), the group remains silent on its decision. It is well known that the company works by investing in those firms that are favored by its research reports.
