Michael Dell has the won the battle for control of the computer company that he created, after shareholders backed his $24.8bn offer to take Dell private and revive the struggling business away from the incessant pressure of Wall Street.
The vote clears the way for the huge buyout, in which Dell is working with private equity partners Silver Lake after seeing off a challenge from activist investor Carl Icahn.
Must have been hard for him to see his baby slide into irrelevance. I hope for him he can turn things around, but I’m not sure if they’ll be able to – they missed the boat, and it’s probably in Fiji by now.
that should be the new title
Edited 2013-09-12 23:39 UTC