Carl Icahn has been pushing back against Dell’s proposal to go private in a $24.4 billion deal. Dell finally gave way — a little — and is allowing Icahn to examine the company’s confidential information. Dell has been battling shareholders about the proposed leveraged buyout almost since it was unveiled in February. Under the terms, Dell stockholders would receive $13.65 in cash for each share of Dell common stock they hold from company founder and CEO Michael Dell and investment firm Silver Lake Partners. Microsoft is also participating with a $2 billion loan.
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Bringing Icahn Into Dell's Henhouse Could Be Foxy Move
Posted by: Erika Morphy March 11, 2013 03:10 PMCarl Icahn has been pushing back against Dell’s proposal to go private in a $24.4 billion deal. Dell finally gave way — a little — and is allowing Icahn to examine the company’s confidential information. Dell has been battling shareholders about the proposed leveraged buyout almost since it was unveiled in February. Under the terms, Dell stockholders would receive $13.65 in cash for each share of Dell common stock they hold from company founder and CEO Michael Dell and investment firm Silver Lake Partners. Microsoft is also participating with a $2 billion loan.