$21 billion represents 0.1% of the SP500 market cap.
Sums that small don't significantly affect board decisions especially if they come from passive investors. For comparison, Vanguards SP500 fund (VOO) has market value $400B.
Had Dell gradually bought SP500 index over a year, the effect on price would have been minimal.
Sums that small don't significantly affect board decisions especially if they come from passive investors. For comparison, Vanguards SP500 fund (VOO) has market value $400B.
Had Dell gradually bought SP500 index over a year, the effect on price would have been minimal.