Michael Dell Tries Again To Justify His $24.4 Billion Plan to Buy Back his Company

Maximum PC: Dell has struggled to maintain market share against the emerging flood of low cost mobile devices, and CEO Michael Dell wants shareholders to know that he alone holds the key to saving the company he founded. In a June 21st presentation to investors, Dell laid out what he believes will be the company’s only chance of long-term success. Not surprisingly, it includes a pretty heavy shift from consumers to the enterprise, a plan that he claims is in jeopardy if the company remains public.

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