Dell Inc had considered many strategic options before opting to go private, the company said in a regulatory filing.
struggling PC maker struck a deal last week with its chief executive
officer, Michael Dell, private equity firm Silver Lake and Microsoft
Corp to go private in a $24.4 billion deal.
independent shareholder, Southeastern Asset Management Inc, and three
other investors have objected to the deal, saying the company is worth a
lot more than the agreed upon $13.65 per share offer, Reuters reported
The company said on Monday it had retained a management
consultant to help assess its "strategic position" and concluded that
the proposed all-cash deal was in the best interests of stockholders.
Dell said the statement was in response to "certain inquiries" but did not elaborate on the nature of the queries.
© Thomson Reuters 2013