Michael Dell wants to buy back the firm he founded but has faced fierce opposition from some investors
Dell's board has accepted a new buyout offer from founder Michael Dell which has added a one-off payment of 13 cents a share to last week's $13.75 a share.
Mr Dell is trying to buy back the computer giant he founded in 1984 with the investment firm Silver Lake.
Shareholders had been due to vote on Friday on the offer, but the addition of the dividend means a new proposal has to be drafted and put to them.
They will now vote at a special meeting on September 12.
Mr Dell's previous offers drew heated criticism from major Dell investors like Carl Icahn for being too low.
Mr Dell, who founded the company while still at college, wants to reorganise the business which has been moving away from making computers and into providing technology services.
But shareholders have been resisting, led by billionaire Carl Icahn, who has argued that Mr Dell has undervalued the company.
The bid, excluding the one-off payment, values the company at $24.5bn (£16bn).
Source: BBC News - Business http://www.bbc.co.uk/news/business-23552166#sa-ns_mchannel=rss&ns_source=PublicRSS20-sa
