And Dell's largest independent shareholder, Southeastern Asset Management, says Mr Dell's offer "grossly undervalues the company".
On an upper floor of that office tower are the offices of Southeastern Asset Management.
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Shareholder Southeastern Asset Management, which urged both moves, expressed its approval of the moves by Chesapeake Tuesday.
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Southeastern Asset Management, known for smart, contrarian stock picking, would suffer from the cheaply priced Dell buyout.
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Both TPG-Axon and Southeastern Asset Management are doing fine jobs spreading their messages of management abandoning their shareholder responsibility.
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Under the agreement Aubrey assented to, Icahn will appoint one new director and Southeastern Asset Management will appoint three new directors.
The problem is Icahn owns 50 million shares and Southeastern Asset Management (SAM) has just less than 90 million shares.
Dell's largest independent shareholder, Southeastern Asset Management, says the offer from Mr Dell, who owns 16% of the company, "grossly undervalues" it.
Dell wants more information from billionaire Carl Icahn and activist Southeastern Asset Management about their rival bid for the ailing PC maker.
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In the literally 1000 pages of documents filed in the proxy statement, Mr. Dell told Southeastern Asset Management that he would consider the idea.
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Dell's largest independent shareholder, Southeastern Asset Management, said the offer "grossly undervalues the company", while reports suggest other large investors also oppose the deal.
Southeastern Asset Management hopes to make life difficult for Michael Dell.
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Carl Icahn and Southeastern Asset Management combined to put five new directors on the board, forcing McClendon to give up his chairman role last May.
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Dell's largest independent shareholder, Southeastern Asset Management, has said that Mr Dell's offer "grossly undervalues the company", while reports suggest other large investors also oppose the deal.
These large stakeholders are Southeastern Asset Management, Inc. and Carl Icahn who together control nearly a quarter of the outstanding shares or about eighty times more than Aubrey.
Southeastern Asset Management and Davis Selected Advisers.
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Aubrey McClendon, chief executive of Chesapeake, ultimately bowed to the wishes of Icahn and Southeastern Asset Management, the two largest shareholders, replacing four board members, as my colleague Christopher Helman reported.
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Rowe Price and value shop Southeastern Asset Management.
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Some have said the director narrowed the list of potential buyers too soon, didn't dig deeply enough into alternatives to taking Dell private, and failed to lock up support from another investor, Southeastern Asset Management Inc.
The original offer from Mr Dell and Silver Lake represented a 25 per cent premium to the company's undisturbed share price, but still left many shareholders dissatisfied, including Southeastern Asset Management, owner of 8.4 per cent of shares.
Led by billionaire Carl Icahn and Southeastern Asset Management, they want investors to chose their proposal, basically a bet that Icahn and Southeastern will find a CEO who can make PC-oriented Dell competitive in an era of tablets and cloud computing.
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