Despite growing concern from some major shareholders, Dell says its decision to go private is the best one.
In a Securities and Exchange Commission filing today, Dell reports that it "considered an array of strategic alternatives." The company also hired a "prominent management consultant to help it assess the Company's strategic position." Those alternatives, along with the consultant's assessment, led Dell down the path of going private.
"Based on that work, the Board concluded that the proposed all-cash transaction is in the best interests of stockholders," Dell wrote in its filing. "… Read more