In Dell deal, curbing one skewed incentive creates another

By Greg Roumeliotis NEW YORK (Reuters) - Dell Inc's board is bending over backward to prevent any appearance of conflicts of interest as founder and Chief Executive Michael Dell tries to lead a buyout of the world's No. 3 PC maker. But its attempts to do right by Dell shareholders means that if the proposal fails, there will be a substantial reward for Michael Dell's partner in the $24.4 billion buyout bid, private equity firm Silver Lake, a source with direct knowledge of the situation said. ...

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