Perot Systems investor Gabelli buys more shares for 6.57% stake

By Lisa Kerner

Charlotte, N.C., Oct. 26 - Investors led by Gabelli Asset Management Inc. increased their interest in Perot Systems Corp. to 6.57% with the purchase of 1,267,300 shares between Oct. 19 and Oct. 23 priced from $29.88 to $29.93 each, according to a schedule 13D/A filed on Monday with the Securities and Exchange Commission.

Gabelli bought an initial 5.52% stake between Sept. 21 and Oct. 16, a prior SEC filing said. The shares were priced from $29.55 to $29.91 each.

Gabelli beneficially owns 7,945,658 shares of Perot Systems.

On Sept. 21, Round Rock, Texas-based computer giant Dell Inc. announced it will acquire Perot Systems for $30.00 per share in cash in a deal valued at $3.9 billion.

As previously reported, both companies' boards of directors approved the transaction, which is expected to close in Dell's November-to-January fiscal quarter.

Perot Systems, located in Plano, Texas, provides information technology services and business solutions.

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