Dell Corp.’s largest outside investors opposes the $24.4 billion buyout deal that the computer maker agreed to and is willing to fight in court to stop it. The buyout is expected to bring billions in loan and bond offerings to the speculative-grade credit markets. A disruption of the deal would frustrate deal-thirsty loan and bond investors.

Memphis, Tenn.-based Southeastern Asset Management sent a letter to Dell’s board of directors on Feb. 8 outlining its opposition to the buyout deal the company made with Silver Lake Management, founder Michael Dell and Microsoft to take the company private for $24.4 billion, or $13.65 per share.

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