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UPDATE: Dell (DELL) Buyout Group Not Seeking Additional Financing - Bloomberg

July 18, 2013 2:40 PM EDT
(Updated - July 18, 2013 2:44 PM EDT)

The buyout group led by my Michael Dell is not likely to sweeten its $24.4 billion Dell (Nasdaq: DELL) offer, and it is not seeking more financing from Microsoft (Nasdaq: MSFT) or banks, according to Bloomberg sources. This morning Dell postponed a shareholder meeting set for today in an effort to buy time to given opposition to the deal.


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