Dell's $24.4B deal opposed by major stockholder

UPDATED 20:43 PM EST, February 8, 2013

SAN FRANCISCO (AP) — Dell Inc.'s decision to sell itself for $24.4 billion to a group led by its founder and CEO is being ridiculed as a rotten deal by a major shareholder who estimates the slumping personal computer maker is really worth $42 billion.

The missive launched Friday by Southeastern Asset Management Inc. threatens to complicate Dell Inc.'s efforts to end its 25-year history as a public company.

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