Dell Files Preliminary Proxy Statement with SEC for Merger Agreement with Affiliates of Michael Dell, Silver Lake

Dell Inc.

today announced that it has filed preliminary proxy materials with the Securities and Exchange Commission (“SEC”) in connection with the definitive merger agreement between the company and entities owned by Michael Dell, Dell's Founder, Chairman and Chief Executive Officer, and investment funds affiliated with Silver Lake Partners. Under the terms of the February 5, 2013 agreement, Dell shareholders would receive $13.65 in cash for each share of Dell common stock they hold in a transaction valued at approximately $24.4 billion. The preliminary proxy materials and a letter to shareholders issued by the Special Committee of Dell's Board of Directors in connection with the