New York, NY -- (SBWIRE) -- 03/07/2013 -- The Special Committee of Dell’s (NASDAQ: DELL) Board of Directors issued the following statement regarding its evaluation of Dell’s strategic alternatives:
“The Special Committee, consisting solely of independent directors and working with our independent legal and financial advisors, undertook a rigorous process, over a period of more than five months, to evaluate Dell’s current risks, opportunities and strategic alternatives. The alternatives included continuing with or modifying the Company’s existing business plan, conducting a leveraged recapitalization, changing the dividend policy, and potentially selling all or parts of the business.”
“As a result of that process, the Special Committee unanimously determined that the sale of the Company would be the best alternative for stockholders. We negotiated aggressively to ensure that stockholders received the best possible value and agreed to a $13.65 per share transaction that provides value certainty at a 37% premium above the average price for the 90 days before rumors regarding the transaction surfaced.”
“The Special Committee has worked hard, and continues to work hard, to produce the best outcome for Dell’s shareholders.”
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According to a new study commissioned by Microsoft Corporation (NASDAQ: MSFT) and conducted by IDC concluded that while some computer users may actively seek pirated software in hopes of saving money, the chances of infection by unexpected malware are one in three for consumers and three in 10 for businesses.
As a result of these infections, the research shows that consumers will spend 1.5 billion hours and US$22 billion identifying, repairing and recovering from the impact of malware, while global enterprises will spend US$114 billion to deal with the impact of a malware-induced cyberattack.
Microsoft Corporation develops, licenses, and supports software products and services; and designs and sells hardware worldwide.
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