On Air Now

Upcoming Shows

Program Schedule »

Tune in to Listen

1590 AM Coldwater, Michigan 95.5 FM Coldwater, Michigan

Weather

Current Conditions(Coldwater,MI 49036)

More Weather »
33° Feels Like: 26°
Wind: ENE 8 mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Today

Mostly Sunny 57°

Tonight

Cloudy 41°

Tomorrow

Cloudy 62°

Alerts

  • 0 Severe Weather Alerts
  • 0 Cancellations

Exclusive: Southeastern joined by other Dell investors - source

A company logo of Dell is seen on the cover of its laptop at a Dell outlet in Hong Kong October October 21, 2009. REUTERS/Bobby Yip
A company logo of Dell is seen on the cover of its laptop at a Dell outlet in Hong Kong October October 21, 2009. REUTERS/Bobby Yip

NEW YORK (Reuters) - At least three of Dell Inc's top 20 shareholders support Southeastern Asset Management's decision to vote against the $24.4 billion buyout of the No. 3 PC maker led by CEO Michael Dell, a person close to the matter said.

Among the holders who support Southeastern are Harris Associates LP, Yacktman Asset Management LP and Pzena Investment Management LLC, which between them hold roughly 3.3 percent in Dell, the person said.

Harris and Yacktman were not immediately available for comment. Pzena's chairman, Richard Pzena, said a Dell deal should be in the $20 per share range or the company should explore other options.

(Reporting by Nadia Damouni; editing by Matthew Lewis)

Comments