Dell Inc. postponed a shareholder meeting until July 24, a signal that the company didn’t have the votes to pass its proposed $24.4 billion sale to Chief Executive Officer Michael Dell and Silver Lake Management LLC.
The vote will be at 6 p.m. New York time that day, the company said at a meeting today at its Round Rock, Texas, headquarters. The delay prolongs months of jousting between the buyout group and investors seeking a higher price.
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