Carl Icahn sued Dell Inc. last Thursday as he tried to disrupt a USD24.4 million takeover bid from founder, Michael Dell and Silver Lake.
Tags: Michael Dell
Microsoft seen to acquire and invest in over two decades
Microsoft Corp had been acquiring and investing in companies in the last two decades as the software maker planned to accelerate its presence in a market that it does not own.
Three proxy firms recommend Michael Dell's offer for Dell Inc.
According to Michael Dell, three proxy firms had recommended shareholders to vote for the founder's offer to take the computer maker private.
Dell's quarterly earnings slump amidst buyout brawl
Dell's net income plunged by 72% to USD204 million or 12 US cents per share as the sales of personal computer extended their downward coil.
BlackBerry stocks soar by 9% after privatization reports
BlackBerry stocks soared by 9% to US$10.08 in trading on early Friday following reports about its possible privatization.
Latest News
A few of Dell shareholders are refraining from voting on the bid presented by founder Michael Dell and private equity partner Silver Lake.
Michael Dell and Silver Lake's request to alter voting rules for their USD24.4 billion takeover deal was rejected by the company's special committee.
A source said that unless Dell's special committee revises the voting standard, talks of Dell's buyout by CEO Michael Dell and private equity firm Silver Lake will collapse.
Carl Icahn contested the conditions in Michael Dell's latest offer to the PC maker Dell Inc. On Monday, billionaire investor Carl Icahn and Southeastern Asset Management, an investment firm, stated that Michael Dell wanted to avoid the voting process behind the deal.
Michael Dell said yesterday that there will be no more increase in the buyout offer he and Silver Lake has for Dell Inc.
Dell proposes an additional US $150 million to its initial bid. Michael Dell, Dell Inc. founder, increased his initial US $24. 4 billion bid with an additional US $ 150 million Wednesday.
Michael Dell together with Silver Lake Management LLC considered US$24.4 billion buyout offer for Dell Inc to be their utmost and final bid.
Glass Lewis & Co well behind Michael Dell's buyout offer Glass Lewis & Co joined ISS (Institutional Shareholder Services Inc) in a recommendation that Dell Inc shareholders support CEO Michael Dell's decision for a US$24.
Billionaire investor Carl Icahn said in an interview with Bloomberg TV his planned sweetening of his takeover bid for Dell Inc with an additional warrant offer.
