“Dell Inc. Chief Executive Michael Dell, pushing to save his buyout heading into another frantic week, said that even if the deal were to fail he would stay at the company he founded, though he wouldn’t sell assets or commit to any leveraged recapitalization as some shareholders have advocated,” David Benoit reports for The Wall Street Journal.

“Those comments, in an interview with the Wall Street Journal over email, come as Mr. Dell attempts to persuade the special committee of his own board to accept an offer of a price bump and a rule change he and his private-equity partner made last week,” Benoit reports. “The committee has until Aug. 2, under a deadline the buyout group already pushed back, to decide.”

Benoit reports, “The comments could signal to shareholders planning to vote against the deal that unless those shareholders also support a proxy fight from activist shareholder Carl Icahn, they may not get any payout outside of the buyout deal.”

Read more in the full article here.

MacDailyNews Take: Steve’s no longer with us, but the desperate havoc he unleashed rages on.

[Thanks to MacDailyNews Reader “Jack F.” for the heads up.]

Related articles:
Michael Dell ups buyout offer for beleaguered Dell; shareholder vote pushed off to August 2 – July 24, 2013
Apple now worth 38 times Dell’s market value – October 3, 2012
Apple now worth 36 times Dell’s market value – September 19, 2012
Apple now worth 35 times Dell’s market value – September 14, 2012
Apple now worth 34 times Dell’s market value – September 4, 2012
Apple now worth 33 times Dell’s market value – August 28, 2012
Apple now worth 32 times Dell’s market value – August 27, 2012
Apple now worth 31 times Dell’s market value – August 23, 2012
Apple now worth 30 times Dell’s market value – August 22, 2012
Apple now worth 28 times Dell’s market value – August 2, 2012
Apple now worth 27 times Dell’s market value – July 23, 2012
Apple now worth 26 times Dell’s market value – June 19, 2012
Apple now worth 25 times Dell’s market value – June 4, 2012
Apple now worth 24 times Dell’s market value – May 23, 2012
Apple now worth 23 times Dell’s market value – May 23, 2012
Apple now worth 22 times Dell’s market value – May 23, 2012
Apple now worth twenty times Dell’s market value – April 3, 2012
Apple now worth nineteen times Dell’s market value – March 26, 2012
Apple now worth eighteen times Dell’s market value – March 19, 2012
Apple now worth seventeen times Dell’s market value – March 12, 2012
Apple now worth sixeen times Dell’s market value – February 29, 2012
Apple now worth fifteen times Dell’s market value – February 15, 2012
Apple now worth fourteen times Dell’s market value – September 20, 2011
Apple now worth thirteen times Dell’s market value – August 26, 2011
Apple now worth twelve times Dell’s market value – January 27, 2011
Apple now worth eleven times Dell’s market value – September 23, 2010
Apple now worth ten times Dell’s market value – September 09, 2010
Apple now worth nine times Dell’s market value – June 01, 2010
Apple now worth eight times Dell’s market value – May 21, 2010
Apple now worth seven times Dell’s market value – January 26, 2010
Apple now worth sextuple Dell’s market value – October 20, 2009
Apple now worth quintuple Dell’s market value – February 12, 2009
Apple could buy Dell outright; Mac-maker has more cash on hand than Dell is worth – October 21, 2008
Apple now worth quadruple Dell’s market value – May 01, 2008
Apple now worth triple Dell’s market value – December 06, 2007
Apple now worth double Dell’s market value – July 27, 2007
Beleaguered Dell: Shut it down and give the money back to the shareholders – March 02, 2007
Biting words on Apple come back to haunt Dell – February 10, 2007
Steve Jobs emails Apple team: Michael Dell not the best prognosticator, Apple worth more than Dell – January 16, 2006
Apple now worth more than Dell – January 13, 2006