[Reuters] Dell puts off buyout vote; still short despite crucial backers

Posted by: UGN Security

[Reuters] Dell puts off buyout vote; still short despite crucial backers - 07/18/13 03:08 PM

ROUND ROCK (Reuters) - Dell Inc postponed a crucial vote on CEO Michael Dell's$24.4 billion buyout offer to July 24, buying time to solicit more proxy votes and drum up more support despite winning over several large swing shareholders at the eleventh hour.