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"I hate to shop, period," she said.
Mr Dell's offer for his company triggered a "go shop" period during which the board was open to rival bids.
Now, a special committee composed of three directors will oversee a 60-day "go shop" period to consider outside bids.
Advisers to Dell directors spoke to 71 potential bidders during the company's 45-day "go shop" period, the filing shows.
As part of the deal, a special committee of rue21's board will seek potential rival bidders during a 40-day "go shop" period.
During the 45-day go shop period, several big companies signed nondisclosure agreements, taking the opportunity to peek at Dell's books.
Similar(43)
This is true even if the bid is subsequently accepted after the go-shop period expires.
To deal with this, Dell's acquisition agreement contains a so-called go-shop period.
TCI wants a two-month "go-shop" period, common practice in America.
The terms included a go-shop period that ended in early January.
For now, it is that go-shop period that is the special committee's best defense.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com