Dell appeared to have received competing offers following a
$24.4 billion agreement last month to be taken private by its founder and
private equity firm Silver Lake, setting up a tug-of-war for the world's No. 3
PC maker.
Blackstone Group LP submitted an indicative and preliminary
offer ahead of the expiration of a "go-shop" period on Saturday that
allowed Dell to explore other options, a person familiar with the matter said.
The buyout firm has not yet arranged bank financing, though
it has put potential lenders on stand-by, a a second source familiar with the
matter told CNBC...
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