Michael Dell has asked for a relaxation of the shareholder voting rules at Dell to ease his troubled $24.4bn buyout of the PC maker, adding a twist to the six-month buyout campaign.
In return, Mr Dell and Silver Lake Partners, the private equity firm that is backing his bid, offered yesterday to add $150m to their offer, lifting the price for each Dell share by 10 cents, to $13.75.
The idea was immediately attacked by some shareholders and governance experts, who claimed that it would amount to letting Mr Dell buy the company on the cheap.
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