Dell faces bidding war with rumoured rival offer
By Stewart Mitchell
Posted on 19 Mar 2013 at 10:05
The consortium of investors – including Microsoft – that's planning to buy Dell could face competition from at least one other major investor, as the deadline for a deal gets closer.
Dell's board has a deadline of 22 March for receiving other offers, and the emergence of another bidder could force Silver Lake to increase its offer.
The offer comes amid tense negotiations, with some shareholders seeking more money than is currently on the table, but whether an outside bidder can see value in the company when going up against CEO and founder Michael Dell remains to be seen, especially in an uncertain PC market.
"It’s very hard to put a value on a business that’s in structural decline," said Anand Srinivasan, an analyst at Bloomberg Industries. "How are you going to make money? Going private is all about how much value you can create."
- How to check your identity hasn’t been sold to the hackers
- Tim Cook: this is how much TV has changed since the 70s
- Westminster wins the .London battle
- 20 years of PC Pro: from deep pan pizza to virtualisation
- Five reasons why the Apple Watch leaves me cold
- Apple Watch, iPhone 6 and 6 Plus: Tim Cook's Apple back with a bang?
- BT Home Hub 5: how to get maximum speed
- 20 years of PC Pro: one-star reviews (including "the worst tablet we've ever seen")
- 20 years of PC Pro: our best covers
- Why we've closed the PC Pro forums
- How to sell more ebooks on Amazon
- 10 ways to make your business more secure
- Top five VoIP mistakes
- How to add in-app purchasing to an iPhone, Android or Windows app
- Remote-control ransomware: TeamViewer and software hardball
- Why laptops with serial ports matter to the Internet of Things
- Make your mobile battery last longer
- Small steps into handling Big Data
- Nexus 5: does it really run stock Android?
- How to get broadband to a garden office