Just last week, some associate claimed that attracted to evaluate the transaction consulting company ISS is inclined to recognize the scenario under repurchase Dell by Michael Dell disadvantageous to shareholders.
However, as reported by Bloomberg , the actual conclusion of ISS for the deal was positive. In other words, the consultants recommend that investors accept the offer and its allies della terms of redemption - in exchange for each share they will get $ 13.65. The redemption will include all shares freely tradable in the market, after buying Dell will become a private company.
ISS based on the premise of a large degree of uncertainty, waiting for Dell in case of refusal to supply the company's founder. Option Aikan partial purchase (72% shares) at a price of $ 14 apiece difficult to implement because it involves the re-election of the board and head of the company, which will take time for which Dell's stock price may decline. Dell is offering $ 13.65 per share - real money, given the current exchange rate ($ 13.34) and the possibility to transfer all of the potential risks to future shareholders. Expert opinion ISS generally regarded among investors that large shareholders Dell certainly will listen to him, getting ready to vote on the issue of redemption of shares to be held on 18 July.