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slimming tablets xenical SAN FRANCISCO (MarketWatch) – T. Rowe Price on Monday reiterated its position against the plan to take Dell Inc. private, sending the company’s stock falling just three days before the scheduled shareholder vote. “We continue to believe the proposed buyout does not reflect the value of Dell and we do not intend to support the offer as put forward,” T. Rowe Price Chairman and Chief Investment Officer Brian Rogers said in a statement. T. Rowe Price had come out against the $24.4 billion deal back in February. Dell shares shed 1.3% to trade at $13.16. Chief Executive Michael Dell and private equity firm Silver Lake is proposing to take the company private based on a $13.65 a share buyout price. Billionaire Carl Icahn and Southeastern Asset Management, a major Dell institutional shareholder, have led the campaign to block the deal. Dell shareholders will meet on Thursday to vote on the proposal. |