With The Blackstone Group L.P. (BX) Out, It’s Icahn Vs. Dell Inc. (DELL)

Another activist investor, Southeastern Asset Management, owns 8.4% of Dell and has publicly stated that the outstanding offer is no good and cheats shareholders. The Blackstone Group L.P. (NYSE:BX) had made a higher bid for the company, as well as Icahn. Both offers involve keeping a portion of Dell as a public entity.

For the investors
Dell shareholders should feel some degree of comfort that these power investors are taking a strong stance — even if it’s more in their interest than they are willing to admit. By most measures, Michael Dell Inc. (NASDAQ:DELL)/Silver Lake’s bid really isn’t a great deal for shareholders. The board was initially in Michael Dell’s corner, but it looks like the playing field is more even at this point.

Who do you think offers the best deal to Dell shareholders? Sound off below.

The article With Blackstone Out, It’s Icahn Vs. Dell originally appeared on Fool.com is written by Michael Lewis.

Fool contributor Michael Lewis has no position in any stocks mentioned, and neither does The Motley Fool.

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