Dell rejects request for info leading to buyout

Dell has rejected a request from a shareholder rights group seeking to review the internal information that led to a proposed US$24.4 billion sale of the struggling personal computer maker.

In a letter Tuesday, a Dell lawyer told the Shareholder Forum that it hadn’t met the legal standard needed to gain access to confidential assessments that swayed the decision-making process of the company’s board.

via Business feed http://www.scmp.com/business/companies/article/1189751/dell-rejects-request-info-leading-buyout