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War first Dell has picked up and you have Blackstone and you have Carl Icahn both Al -- Michael -- with more listening Donald his hair and her.
Bottom live what's the latest list get a thread dig -- and Kyle about a billion dollars more as well we're as we're talking about with the Blackstone bid for -- Dell computer.
I at this hour -- the latest development that we've got -- according to people close the matter Michael Dell the will meet the plan is that he will meet with the Internet people from Blackstone to talk about their bid for the company.
Behind the scenes of -- people close the matter.
Other concerns that the Blackstone bid would -- a lot of debt to the balance sheet.
Of Dell computer and -- also worries that the Blackstone bid would dismantle the company's basically sell up -- financial services.
So an Al we're talking about a bid that is now outstripping Michael Dell -- silver -- -- about 24 point four billion dollars.
Also what we're hearing at this hour is that oak mark fund.
Which is a minority investor Intel likes a Blackstone -- we're also hearing at this hour that southeastern management.
Another big minority investor also likes the Blackstone bid.
They like to have that seat at the table what we're hearing too is that -- -- -- has what are called is highly confident letters reading get financing for the deal.
But Michael Dell would be ousted if Blackstone wins in this takeover battle.
And -- you could see a break up the -- company what we're hearing at this hour to dig in and Kyle.
Is that Michael Dell could increase his offer for -- beyond the 24 point four billion dollars.
He can throwing more money to outbid icon and Blackstone I -- considered a green -- at this point.
They may seem a bit -- going up up north of four at fifteen dollars a share that's so we're hearing right now this is a developing story we're gonna bring bringing you more as this story develops.
He may see the proxy out of this deal tomorrow or Thursday you may see more talk of a deal.
That the board deciding -- the deal next week back to you.
-- thank you let's make -- first thank you.
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