Dell founder ups takeover bid based on voting rule change

By Poornima Gupta, Soyoung Kim and Greg Roumeliotis (Reuters) - Dell Inc founder Michael Dell raised his $24.4 billion bid by less than 1 percent just hours before it was to be put to a vote, tacking on a controversial demand to change voting rules to make it easier for him to buy and take the No. 3 personal computer maker private. A special board committee on Wednesday was reviewing the CEO's sweetened $13.75 offer and requirement that a majority of votes cast be enough to seal the deal, an easier threshold for him to meet. ...

via Tech News Headlines - Yahoo! News http://news.yahoo.com/dell-founder-ups-takeover-bid-based-voting-rule-001138639.html