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Breaking News from CNBC's Scott Wapner: Dell Shareholder Pzena Calls Latest Offer From Michael Dell and Silver Lake "Beyond Outrageous"

Wednesday, 24 Jul 2013 | 9:30 AM ET

WHEN: TODAY, WEDNESDAY, JULY 24TH

WHERE: CNBC'S "SQUAWK ON THE STREET"

PZENA TO CNBC'S SCOTT WAPNER:

Dell Shareholder Pzena calls latest offer from Michael Dell and Silver Lake "Beyond Outrageous."

Pzena: "It would be unconscionable if Dell Directors accept this new offer."

Pzena: "Any shareholder who voted for this should rethink their vote because you are setting a precedent that Directors can be complicit in management's efforts to steal companies from shareholders who don't want to sell."

Pzena: "I urge shareholders who voted for this to switch their vote in protest."


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