The Blackstone Group LP (NYSE:BX) may be jockeying for position to buy Dell Inc. (NASDAQ:DELL), the Round Rock, Texas-based computer maker, by making an offer that would have to beat the $24.4 billion proposal from Silver Lake Management LLC.

If the New York based-private equity firm with a market cap of $11.3 billion makes an enticing offer, Dell’s board might resist a deal that was made between Silver Lake and company founder Michael Dell, because the company’s top shareholders oppose Silver Lake’s offer of $13.65 a share, which is below Monday's closing price. Blackstone and other unnamed investors are mulling the possibility of a bid, according to Bloomberg. They face a Friday deadline, although the board would consider enticing offers after that date.

So far, two tech companies have also examined Dell’s books -- Hewlett-Packard Co. (NYSE:HPQ) of Palo Alto, Calif., and Beijing-based Lenovo Group Limited (HKG:0992) --  though no offer has been made by either so far.

Michael Dell
Michael Dell, CEO of Dell Inc. (Nasdaq:DELL). Photo: Reuters

Dell has been hit hard as consumers gravitate away from desktop and laptop PCs and embrace more portable tech. More reliance on cloud computing -- where people store their data online rather than on hard drives -- has also pushed down demand for storage devices. Michael Dell is trying to take the corporation private to re-invent the company he founded in his University of Texas at Austin dorm room in 1984 and was able to expand with a $300,000 loan from his family.

But the company that was once a go-to source for desktop computers at home and in the workplace now trades at around $14 after hitting $8.85 on Nov. 16, its shares' lowest price in 44 months. As recently as 2007, the company’s stock was trading at more than $40. 

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