First, the latest news chatter. Top shareholders including Southeastern Asset Management, Harris Associates LP, Yacktman Asset Management and Pzena Investment Management plan to vote against a buyout, Reuters reported. Still, those companies represent only 14 percent of Dell's shares. Michael Dell himself owns 16 percent, Reuters added.
The other key point: Michael Dell and investment firm Silver Lake are trying to buy the PC giant at $13.65 per share. Southeastern Asset Management is pushing for nearly $24 a share. That's quite a gap.
Among the big questions worth asking?
- Will more large shareholders voice opposition to the deal? Best Guess: Potentially yes, but The VAR Guy thinks the majority of shareholders will take the money and run.
- Will the "go shop" period attract other potential bidders for Dell? Best Guess: Most likely no. Perhaps more private equity firms could jump in. But The VAR Guy doubts any massive technology companies or PC makers would attempt to swallow Dell whole.
- Should channel partners worry about the Dell ownership debate? Best Guess: Nope. Dell Channel Chief Greg Davis has already assured partners that the company will remain focused on the channel.
That's about all The VAR Guy plans to say this evening.