{"id":5873,"date":"2013-02-13T14:00:00","date_gmt":"2013-02-13T14:00:00","guid":{"rendered":"http:\/\/cloudcomputing.sys-con.com\/node\/2538212"},"modified":"2013-02-13T14:00:00","modified_gmt":"2013-02-13T14:00:00","slug":"opposition-to-dell-buy-out-mounts","status":"publish","type":"post","link":"https:\/\/icloud.pe\/blog\/opposition-to-dell-buy-out-mounts\/","title":{"rendered":"Opposition to Dell Buy-Out Mounts"},"content":{"rendered":"<p>Michael Dell may be facing a stockholders\u2019 revolt.<br \/>\nT. Rowe Price, the mutual fund biggie that held 4.4% of Dell at the end of the third quarter, isn\u2019t prepared to support the company\u2019s leveraged buy-out at the price the Dell board agreed to last week.<br \/>\nT. Rowe Price chairman and chief investment officer Brian Rogers released a statement saying, \u201cWe believe the proposed buyout does not reflect the value of Dell and we do not intend to support the offer as put forward.\u201d<br \/>\nHis position mirrors that of Southeastern Asset Management, which is understood to hold 8.4% of Dell and faces a loss of nearly $400 million if the deal goes down at the $13.65 or $24.4 billion agreed to. It claims Dell is worth $24 a share, a price it hasn\u2019t fetched in a long time. <\/p>\n<p><a href=\"http:\/\/cloudcomputing.sys-con.com\/node\/2538212\" >read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Michael Dell may be facing a stockholders\u2019 revolt.<br \/>\nT. Rowe Price, the mutual fund biggie that held 4.4% of Dell at the end of the third quarter, isn\u2019t prepared to support the company\u2019s leveraged buy-out at the price the Dell board agreed to last&#8230;<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-5873","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/5873","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/comments?post=5873"}],"version-history":[{"count":0,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/5873\/revisions"}],"wp:attachment":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/media?parent=5873"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/categories?post=5873"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/tags?post=5873"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}