Dell has received offers from Blackstone and Icahn

Dell has confirmed that it received two buyout offers in excess of its founder Michael Dell, the funds from Blackstone Group on the one hand, and billionaire Carl Icahn.

Say that Dell is in turmoil is an understatement. Its founder, Michael Dell, thought he could buy the company out of the scholarship to 24.4 billion dollars. Some minority shareholders had then protested against a redemption price of the share (13.65 dollars) too low.

Already in trouble, but still supported by its partner Silver Lake, Michael Dell is now facing new challenges: two bids that are likely higher than that of the founder of the manufacturer. The first comes from the fund Blackstone Group, and offers redemption of shares for 14,25 dollars each. That billionaire Carl Icahn is more attractive: 15 $ to acquire 58% stake, while he already owns 6%.

Michael Dell's offer

It is difficult to compare the three offers in terms of valuation as that of Michael Dell and Silver Lake based on an output of the Nasdaq, which is not the case of the other two. The founder has already stated, however, that its offer will not change, especially because of the many uncertainties in the notebook market and more generally of "computing". 

Dell lived a difficult year 2012, like many of his counterparts. The changing market is causing this bad. The prospect of a battle over several months to find out who will finally hand over Dell is far from auspicious.