Dell (
DELL) on Monday confirmed that it has received two alternative buyout offers from private equity firm Blackstone (
BX) and investor Carl Icahn. It was previously reported that Blackstone
was considering a last-minute buyout offer for the struggling computer company that would be higher than
Michael Dell and Silver Lake Management’s proposal of $13.65 per share. After conducting due diligence, Blackstone formally proposed an offer to
Dell’s board that values the company in excess of $14.25 per share, while Icahn’s offer includes purchasing
an additional $2 billion worth of Dell’s stock at $15 per share and offering $2 billion of cash equity financing.
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