Investors Southeastern Asset Management and NNS Holding have been looking to divest their stakes in Texas Industries Inc. Cement producer Texas Industries is said to be working with Citigroup on a possible sale.
Southeastern Asset Management
Breaking News
Analysts had said that Southeastern Asset Management's purchase of a 12% voting stake in News Corp was dubious.
The buyout firm is now the second largest shareholder in News Corp after mogul Rupert Murdoch.
Michael Dell said yesterday that there will be no more increase in the buyout offer he and Silver Lake has for Dell Inc.
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.
Carl Icahn and Southeastern Asset Management are short listing potential candidates for Dell Inc CEO. after they succeeded in the proxy battle against company founder Michael Dell and Silver Lake Partners.
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