Michael Dell's last-ditch effort to take Dell private

The founder of the struggling computer-maker is looking increasingly desperate

Michael Dell
(Image credit: Getty Images)

Nearing the climax of a months-long battle over whether to take Dell private, founder Michael Dell is pulling out all the stops, upping his offer and pushing for a rule change for how the board counts votes.

Dell — who is also the chairman, CEO, and largest shareholder at the company — has offered to buy his fellow shareholders out at $13.75 a share, or $24.6 billion, which is the largest leveraged buy-out proposal since the financial crisis started picking up steam in 2007.

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Carmel Lobello is the business editor at TheWeek.com. Previously, she was an editor at DeathandTaxesMag.com.