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Showing posts with label Carl Icahn's. Show all posts
Showing posts with label Carl Icahn's. Show all posts
Stock in Dell Up
Carl Icahn's stake in Dell now stands at close to 9 percent, buttressing his claims that the fight for the embattled computer maker is not over.
Icahn disclosed in a regulatory filing late Monday that he's purchased an additional 4 million shares in Dell Inc. Icahn actually bought the shares Thursday, the same day he filed suit to block any delay in a shareholder vote over company control and a day before founder CEO Michael Dell boosted his bid.
Dell and investment firm Silver Lake Partners' latest buyout bid is $13.75 per share, with stockholders also receiving a special dividend of 13 cents per share. A shareholder vote on the offer is scheduled for Sept. 12.
Icahn has proposed a deal that he says is worth $15.50 per share.
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