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T. Rowe Price opposes Dell's $24.4B buyout deal
T. Rowe Price Group Inc., the third-largest Dell Inc. shareholder, said Tuesday it opposes the computer giant’s proposed $24.4 billion buyout deal to go private.
“We believe the proposed buyout does not reflect the value of Dell and we do not intend to support the offer as put forward,” Brian Rogers, T. Rowe Price’s chairman and chief investment officer, said in a statement.
Baltimore-based T. Rowe (NASDAQ: TROW) owns 76.5 million shares outstanding of Dell, or 4.4 percent of the company,…
IN FOCUS TODAY
Monday, June 17, 2013 - 6:35am
WYPR's Fraser Smith and Scott Calvert of the Baltimore Sun talk about how the City Council is...
Friday, June 14, 2013 - 6:35am
WYPR's Fraser Smith and David Moon, political consultant and blogger at Maryland Juice talk...
Thursday, June 13, 2013 - 4:55am
Homer Favor, who died last Saturday, was an unrelenting advocate for civil and economic rights....