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Dell Shareholder Don Yacktman Prefers the Highest Bid for His Dell Shares
Posted by: CanadianValue (IP Logged)
Date: March 26, 2013 11:03AM
The Yacktman Funds owns a significant piece of Dell (DELL). "Isn't competition wonderful?" says Yacktman when asked how he feels about the three competing offers for Dell.
When asked which of the three takeover offers he would like to see accepted, Yacktman answers "the highest one," As a fiduciary for his investors, the price is all that matters to Yacktman.
Yacktman thinks that the original offer was clearly insufficient and these additional offers are welcome.
He was pressed for what price would be acceptable, but Yacktman declined to provide an exact answer.
Guru Discussed: Donald Yacktman: Current Portfolio, Stock Picks
Stocks Discussed: DELL,
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