In return, he can team up with other shareholders on a potential bid for the personal computer maker.
Carl Icahn and Blackstone are wooing Dell shareholders with more money.
Hewlett-Packard's annual meeting will give shareholders an opportunity to vent their frustration over the HPs botched acquisitions and other follies.
Slumping personal computer maker Hewlett-Packard has shown signs of progress in its latest quarter.
A shareholder rebellion against Dell's proposed $24.4 billion sale to its founder and other investors is gaining more support.
Michael Dell and investors are ending the computer maker's 25 years as a publicly traded company.
The world's third largest computer maker is nearing an agreement to sell itself to a buyout consortium.
Lower PC sales and weaker demand from large corporations puts squeeze on margins as company says it expects revenue to grow up to 5% in the current quarter.
