Behind The Scenes Of Dell's Decision To Go Private


Southeastern Asset Made The First Call

According to the SEC document, the genesis of a go-private transaction started June 15, 2012, when a representative of Southeastern Asset Management, which owned approximately 146.5 million shares at the time, contacted Michael Dell with the idea, saying it would roll over a portion of its shares to the company.

On Nov. 30, 2012, Dell told the board's lead independent director Alex Mandl that he had not spoken with Southeastern about the possibility of such a transaction since the summer.

Southeastern Asset Management ended up being a vocal opponent of the deal with Silver Lake Partners.