Dell's board has struck down new shareholder voting guidelines for a buyout proposed by company founder Michael Dell and his associates, Silver Lake Partners, which are in a fight with investor Carl Icahn to take the PC maker private. ...
Tags: Dell, Computer Products
The bid by Michael Dell to take the eponymously titled company he founded private looks to be heading for failure after the special committee set up by the company to handle the buy-out rejected a request to change the voting rules. ...
Tags: Michael Dell
Dell's board has struck down new shareholder voting guidelines for a buyout proposed by company founder Michael Dell and his associates, Silver Lake Partners, which are in a fight with investor Carl Icahn to take the PC maker private. ...
Tags: Dell Board
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, ...
Carl Icahn has acquired a larger stake in Dell and called for a better buyout offer than the proposal of US$13.65 per share from Michael Dell and Silver Lake Partners. Icahn has proposed that Dell commence a tender offer for around 1.1 ...
Tags: Dell, Carl Icahn, Buyout Deal
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
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
Dell reported another quarter of declining profits and revenue Thursday as CEO Michael Dell continues his fight to take the company private. Dell's profit for the quarter, ended May 3, was $130 million, down 79 percent from $635 million a ...
Tags: Dell, PC, Computer Products
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
Increasing confidence in the economy and a rising stock market could lay the groundwork for a revival in tech-sector mergers and acquisitions as companies embrace cloud technology and pursue game-changing software, particularly for the ...
Tags: Wall Street
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
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
DELL'S financial advisers tried to persuade 71 potential bidders to make an offer for the troubled personal computer maker before two of them emerged to challenge a proposed $24.4 billion deal with the company's founder, according to ...