Business and Industry

Dell Delays Board Vote on Taking Company Private

Need more time to rally support

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Dell has delayed Thursday's vote on founder Michael Dell's plan to take the slumping computer maker private in a sign the board needs more time to rally support. Shares of Dell are up more than 2.4%.

The vote was scheduled at a special shareholders meeting at the company's headquarters in Round Rock, Texas. Dell called the meeting to order, then quickly adjourned it without a formal vote. It was rescheduled for July 24.