Hedge fund Highfields Capital dove into Dell fray in first quarter

BOSTON (Reuters) - Hedge fund Highfields Capital bought 23 million shares of PC maker Inc in the first quarter, according to a securities filing by the fund on Wednesday. Dell is embroiled in a leveraged buyout deal led by founder Michael Dell to go private for $13.65 per share, a price that has upset some of the company's largest shareholders. (Reporting by Aaron Pressman; Editing by Steve Orlofsky)

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