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Michael Dell raises bid for Dell

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Michael Dell and Silver Lake Partners increase their offer to $13.75 per share. But there's a catch.

FORTUNE -- Michael Dell and Silver Lake Partners have increased their buyout offer for Dell Inc. (DELL) from $13.65 per share to $13.75 per share, just hours before a shareholder vote that has now been pushed back until next Friday.

The increase is a tacit admission that Michael Dell and Silver Lake could not round MORE


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