AUSTIN -- Michael Dell may be in for a bit of a financial tug of war.
Dell and his financial partners, California-based Silver Lake Group, bid $24.4 billion to take the company private; that's $13.65 per share. However, they gave the Board of Directors 45 days to search for a better offer. That 45-day deadline ends at midnight.
Many investors say a higher bid is likely and that's why Dell's stock price has remained above $14 per share the past two weeks.
Check back for more on this developing story.