The Sound and the Fury — Dell vs. Hurd

24/7 Wall St.

Dell HQThe board of Dell Inc. (NASDAQ: DELL) set a “go-shop” deadline for one minute after midnight tonight to see if the company could entice a bidder to compete with Dell founder Michael Dell and his private equity partner, Silver Lake Partners. The Wall Street Journal has reported that another private equity giant, The Blackstone Group LP (NYSE: BX) is preparing an offer, which would include former Hewlett-Packard Co. (NYSE: HPQ) CEO Mark Hurd, now co-president at Oracle Corp. (NASDAQ: ORCL) taking the reins of Dell if the Blackstone effort is successful.

Is this a potential 15-round winner-take-all championship bout or perhaps a joint effort dressed up to look like a championship fight? The group led by Michael Dell has an offer of $24.4 billion ($13.65 a share) on the table, so any offer from Blackstone would have to top that. Shares are…

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