Wednesday, June 29, 2016

T. Rowe Price to receive $25 million from Dell in settlement

T. Rowe Price Group Inc. will reportedly receive $25 million from Dell Inc. in a settlement agreement stemming from a dispute over the computer maker’s share price when it went private in 2013. Bill Benintende, a spokesman for T. Rowe Price, confirmed the settlement but said he could not discuss the terms of the deal or the impact on shareholders. The Wall Street Journal reported the settlement at $25 million. T. Rowe, which owned 31 million shares of Dell, claimed that when the computer maker…



from http://www.bizjournals.com/baltimore/news/2016/06/29/t-rowe-price-toreceive-25-million-from-dell-in.html?ana=RSS%26s=article_search
via http://baltimorecheckbook.tumblr.com/post/146673270477

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