Dell, Silver Lake Sweeten Takeover Bid by a Dime to $13.75 a share

Dell's special committee said Friday it has entered into a revised merger agreement with Michael Dell and Silver Lake Partners that boost the value of their buyout bid by at least $350 million. Dell and Silver Lake have increase the purchase price by another dime to $13.75 and are paying a special dividend of 13 cents a share. The revised agreement also guarantees that the third quarter dividend of 8 cents a share will be paid at or before closing.

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