Dell moves up earnings report to Thursday amid battle over buyout


AFP

NEW YORK — U.S. computer maker Dell, in the grip of a battle for control of the business, is to publish its second-quarter earnings Thursday instead of next week as previously planned. The results will be announced after the close of the U.S. market, the company said in a last-minute statement Wednesday. Commentary from the chief financial officer and a presentation containing “additional financial and operating information” will also be made available, it said. However, a telephone conference call with analysts, usually the norm, will not take place, a spokesman said. Dell is in the midst of a buyout battle.

Voting on a proposal to take computer-maker Dell private was delayed for a third time earlier this month after founder Michael Dell agreed to boost the price of the transaction. The amended deal from the Michael Dell-led consortium raises the purchase price per share to US$13.75.