The board of Dell has backed its founder's bid for the company in partnership with venture capital firm Silver Lake. A special committee set up by the company has recommended Michael Dell's bid, rejecting an alternative offer from ...
As the time for a shareholder vote draws near, the Dell special committee weighing competing bids for the company said Wednesday that a plan from investor Carl Icahn and Southeastern Asset Management comes up short by billions of dollars. ...
Tags: Dell, Icahn Bid, Wall Street
Dish Network has boosted its bid for Clearwire to US$4.40 per share, 29 percent above Sprint Nextel's most recent offer, and said it is prepared to buy up the stock of a minority of shareholders. In a letter sent Wednesday to Clearwire ...
Tags: Computer Products, software
Dell has written to shareholders they are better off accepting a bid from Michael Dell and Silver Lake to acquire the company than holding on to their shares. The company's independent directors have unanimously agreed to recommend the ...
Tags: Dell, Shareholder, Silver Lake
The tug-of-war over Clearwire looks set to continue for at least another two weeks as the struggling mobile operator postponed a special shareholder meeting once again to consider Dish Network's latest bid. On Wednesday, Dish boosted its ...
Tags: Clearwire, Dish Network
A plan proposed by Carl Icahn and Southeastern Asset Management last week as an alternative to Michael Dell's proposal to take his namesake company private would leave it short of cash, Dell's board warned the bidders on Monday. It wants ...
Tags: Dell Board, Icahn Bid Could
Investor Carl Icahn and Southeastern Asset Management have countered Dell's plan to go private with an offer that would give shareholders a large payout and still keep the computer company publicly traded. In a letter Thursday to Dell's ...
Tags: Investor Carl Icahn, Dell
A battle for US computer giant Dell has heated up as corporate raider Carl Icahn and other investors made a new offer and called a planned buyout led by company founder Michael Dell a "giveaway". The investor group, which holds around 13 ...
Tags: Dell, Computer Products
Sprint Nextel's network partner Clearwire hasn't been able to find any other big wholesale customers nor sell any of its spectrum, so selling out to Sprint is the only real option for its shareholders, the company said Monday. A letter ...
Tags: Sprint Buyout, Clearwire
Blackstone Group has given up its bid for Dell, less than a month after the private-equity fund manager said it was planning to top an offer from founder Michael Dell and private-equity firm Silver Lake Partners. In the so-called ...
Tags: DELL, Blackstone
Blackstone Group has given up its bid for Dell, less than a month after the private-equity fund manager said it was planning to top an offer from founder Michael Dell and private-equity firm Silver Lake Partners. In the so-called ...
Tags: Computer Products, software
The US investment company Kelso has submitted a takeover bid for all ordinary shares of the Canadian lumber producer Eacom Timber. As both companies announced on 22 March, Kelso is offering Eacom shareholders Can$0.38 per share. Eacom has ...
Tags: lumber producer, lumber
Personal computer industry pioneer Michael Dell would "invest for growth" and compete aggressively in new markets if his plan to take the company he founded private succeeds, according to a new memo. The company founder, in a message to ...
Dell last week released a filing to the US Securities and Exchange Commission (SEC) that highlighted commercial considerations that led to the firm looking to go private, citing the financial outlook for the PC market as a primary reason. ...
Tags: Computer Products, dell, software
A special committee of Dell board members is apparently looking at takeover proposals to rival original owner Michael Dell's private offer of $24.4bn (£16bn). According to source quoted by Reuters, higher bids from Investment group ...
Tags: Dell, Takeover Bids, Computer