Prominent shareholder advisory group Institutional Shareholder Services has given a stamp of approval to Dell founder Michael Dell's bid to take the company private. "ISS recommends clients vote for this transaction, which offers a 25.5 ...
Tags: Computer Products, software
Dell's special committee has advised company founder, and prospective new owner, Michael Dell, to raise his acquisition offer following an improved counter-offer by rival Carl Icahn and his associate investors. The independent committee, ...
Billionaire Carl Icahn is approaching investors for$5.2bn in loans to back an alternative bid to buy out ailing PC maker Dell. Icahn,who will become Dell's largest external investor if Southeastern sell him about$1bn of its Dell shares,is ...
Tags: Carl Icahn, Dell, PC, investor
The Dell buyout saga continues apace, with activist investor Carl Icahn teaming up with Southeastern Asset Management to provide yet another alternative to founder Michael Dell's $24.4bn (£15.9bn) offer to buy back his company. In a ...
Tags: Icahn, Dell, Computer Products
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
Michael Dell is facing new opposition to his plan to take his eponymously named company private after "activist investor" Carl Icahn demanded a $15.7bn (£10.4bn) special dividend. The billionaire investor wants to force Dell to pay ...
Tags: Dell, Carl Icahn, company news
Travel company Thomas Cook has improved its website performance with the use of Dell's Foglight Performance Monitoring tool, resulting in an estimated 30 per cent increase in bookings. The tool, which is based on technology that Dell ...
Tags: Thomas Cook, website performance, Dell
Southeastern Asset Management, Dell's biggest external shareholder, has written a letter to Dell's board of directors to express its "extreme disappointment" at the company's $24.4bn (£15.54bn) buyout deal, claiming that it "grossly ...
Michael Dell might be celebrating having agreed a buyout for his company, but $24.4 billion leveraged deal has seen a backlash, with one of the company’s largest shareholders, Southeastern Asset Management, planning to oppose the ...
Tags: Dell, buyout, Southeastern Asset Management
The sharemarket rebounded today after US stocks rose due to better-than-expected economic data, suggesting optimism over the global economy is stronger than political concerns in Spain and Italy. The benchmark S&P/ASX 200 closed up 0.8 ...
Tags: US Indexes, economy
PC manufacturer Dell has announced that it is to be acquired by its founder Michael Dell, and his private equity investment partners Silver Lake. In a statement on Dell's website, the firm explained that Dell stockholders will receive ...
Michael Dell will launch his private-equity-backed plan to take Dell, the company he started in 1984, private as early as next week. The founder and CEO of the PC vendor is expected to offer $24bn (£15.3bn) or more with the backing ...
Tags: Michael Dell, Silver Lake Partners, Dell
A Tuesday report from CNBC hinted that Microsoft may be planning to invest between $1 billion and $3 billion as part of a leveraged buyout of Dell. Citing “sources close to the matter,” the network’s David Faber said ...
Dell is said to be close to being bought out for about $24bn (£15.1bn) as the crisis amid PC makers takes its toll on one of the world's largest technology firms. The company, which has switched its focus from producing PCs to ...
Tags: Dell, PC, IT service