Flags fly outside of the Dell Inc headquarters in Austin, Texas, US. Dell postponed a shareholder vote yesterday on its $24.4bn go-private plan led by founder Michael Dell, amid reports that several major investors opposed the deal. A Dell statement said the shareholder meeting on the plan, which opened briefly in Texas, was delayed until July 24. “Today’s (Thursday) special meeting of stockholders was convened and adjourned to provide additional time to solicit proxies from Dell stockholders,” the
statement said. “No vote was taken on the proposed transaction prior to the adjournment.” The plan announced in February aimed to give Michael Dell a chance to revive the fortunes of the former number one computer maker without the pressures of a publicly traded firm.
