(Updates from 2:00 p.m. ET with closing information.)NEW YORK ( TheStreet) -- Dell ( DELL) shares rose 2.9% to $14.55 on Monday after news came that the PC maker received additional takeover bids. A consortium of investors led by Blackstone Group ( BX) submitted an offer of $14.25 a share for the company that would allow shareholders to receive either a cash payment at that value or continue to own their publicly traded holding. Francisco Partners and Insight Venture Management will participate in the Blackstone investor group. Icahn's Dell Bid: The Best Devil's Bargain In addition to the Blackstone bid, Dell also received a bid of $15 a share from Carl Icahn's holding company, Icahn Enterprises ( IEP).
BlackBerry ( BBRY) shares fell 3.76% to $14.35 after Goldman Sachs downgraded the stock following a weak launch of the Z10 smartphone in the U.S. Analyst Simona Jankowski removed the Waterloo, Ontario-based technology firm from Goldman's Americas Buy List due to a disappointing launch at AT&T ( T); the overall consensus had moved higher on BlackBerry since Goldman added the company to the Buy List in late November. Since the Nov. 29 add, shares are up 34%, compared with a 10% climb in the S&P 500. Jankowski downgraded the stock to "neutral," and lowered the price target to $17 from $19. "We now assign a 20% probability of success for BB10, down from 30% previously, as the disappointing launch of the Z10 at AT&T reduces our confidence that sell-through of the BB10 will be successful in the important US market," Jankowski wrote in her report.
Yahoo! ( YHOO) shares rose 0.64% to $23.41 as the company announced it acquired Summly, a mobile product company designed to get information faster, easier and more concisely to users.
Closing prices: DELL closed up 2.6%, or 37 cents, at $14.51. BBRY fell 4.6%, or 68 cents to $14.23. YHOO rose 0.5%, or 12 cents, to $23.38. -- Written by Chris Ciaccia in New York >Contact by Email. Follow @Commodity_Bull