The Pros And Cons Of A Delayed Vote
A postponement of the shareholder vote is bad sign for anyone in favor of Michael Dell's leveraged buyout plan to take his company private. Experts say it's a desperate move designed to buy Michael Dell more time to argue the advantages of going private with shareholders and analysts.
Some investors believe Michael Dell may use the extra time to sweeten his leveraged buyout deal and up his $13.65 per share offer. News reports citing people close to the deal say Michael Dell won't likely increase his existing offer.