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A top proxy firm is recommending that Dell shareholders vote in favor of a deal that would allow the company’s founder and an investment firm to buy it and take it private.
Michael Dell may face some competition in his effort to take over the computer maker he founded.
Slumping personal computer maker Dell is selling itself for $24.4 billion to its founder and a group of investors that includes Microsoft. It’s the largest deal of its kind since the Great Recession dried up financing for risky maneuvers like this.