Fox Business - The Power to Prosper
Search Site

Carl Icahn

Dell Committee Again Seeks More Info from Icahn on Takeover Bid

Dell Inc.'s (DELL) special committee sent another letter to activist investor Carl Icahn and Southeastern Asset Management Inc. seeking more information about their takeover proposal, reiterating that the committee can't engage in talks until determining the proposal to be credible.In a letter last week, the committee said it wasn't clear whether the offer is an "actual acquisition proposal" or an alternative that should be considered if Dell's pending $24.4 billion sale to Silver Lake Partners and founder Michael Dell isn't approved.On Monday, the committee again said that unless the board determines the alternative proposal reasonably could be expected to result in a "superior proposal" to its existing deal, it isn't permitted to provide information or engage in talks.Mr. Icahn wasn't immediately available for comment.Mr. Icahn and Southeastern proposed the alternative offer earlier this month, saying they propose giving Dell shareholders the option to keep holding stock in the compa...

Read More

  1. Icahn's Nominee Wins Board Seat At Transocean

    Transocean Ltd. shareholders ousted board chairman Michael Talbert, and elected Samuel Merksamer, a Carl Icahn board nominee. Talbert earlier this week said he would...

  2. Dell 1st-Quarter Profit Down 79% as PC Sales Fall

    Dell Inc.'s (DELL) fiscal first-quarter earnings dropped 79%, missing Wall Street expectations, as the computer maker reported weaker revenue in its computing segmen...

  3. Dell Profit Down 79% as Revenue, Margins Slip

    Dell Inc.'s (DELL) fiscal first-quarter earnings dropped 79%, missing Wall Street expectations, as the computer maker reported weaker revenue in its computing segmen...

  4. Dell 1st-Quarter Profit Down 79% as Revenue, Margins Slip

    Dell Inc.'s (DELL) fiscal first-quarter earnings dropped 79%, missing Wall Street expectations, as the computer maker reported weaker revenue in its computing segmen...

  5. Dell's profit slides 79 percent as it seeks to go private

    Dell Inc, the subject of a takeover battle between activist investor Carl Icahn and the company's billionaire founder, reported a 79 percent slide in profit as perso...

  6. Dell 1Q EPS Misses Street Expectations

    Dell (NASDAQ:DELL), the PC maker facing resistance in its plan to go private, revealed a deeper-than-expected 79% plunge in first-quarter profits on Thursday as comp...

  7. Pershing Square Reports Increased 1st-Quarter Stakes in Burger King, Mondelez

    Activist hedge fund manager William Ackman reported slightly increased stakes in Burger King Worldwide Inc. (BKW) and Mondelez International Inc. (MDLZ), while parin...

  8. Icahn's Stake in Netflix Surpasses $1 Billion Paper Profit

    For Carl Icahn, the gains on Netflix Inc. (NFLX) are streaming in.In a little over six months, Mr. Icahn has seen his investment in the video-by-demand company gain ...

  9. Dell Moves up Earnings Release

    Dell (NASDAQ:DELL) revealed plans on Tuesday to move up its earnings release by five days and reports suggest the struggling PC maker's profits will significantly mi...

  10. Dell Moves Up Earnings Report To Thursday

    Dell Inc. on Tuesday said it will report first-quarter results on Thursday, May 16, instead of May 21 as the company announced initially. The company did not give a ...

  11. Icahn, Southeastern Name 12 Board Candidates for Dell

    Dell Inc. (DELL) shareholders Carl Icahn and Southeastern Asset Management Inc. named the twelve candidates they would propose for the computer company's board of di...

  12. Icahn Nominates Himself to Dell's Board

    Stepping up an ongoing battle over the future of Dell (NASDAQ:DELL), Carl Icahn and Southeastern Asset Management revealed their own slate of 12 directors on Monday ...

  1. Pen Pals: Dell Committee Writes Another Letter to Icahn

    For the second time in a week, the special committee running Dell's (NASDAQ:DELL) buyout process fired off a letter to billionaire Carl Icahn on Monday that requeste...

  2. Dell Again Seeks More Info from Icahn Bid

    Dell Inc.'s (DELL) special committee sent another letter to activist investor Carl Icahn and Southeastern Asset Management Inc. seeking more information about their ...

  3. Dell tells Icahn cannot disclose more information yet

    Dell Inc sent a letter to suitors Carl Icahn and Southeastern Asset Management saying the company could not provide more information about itself unless the board de...

  4. Apache Board Adjusts CEO Pay Targets After Losing Shareholder Vote

    Apache Corp.'s (APA) board trimmed the targeted pay level of the company's chief executive on Friday, one day after shareholders failed to approve the company's exec...

  5. Transocean chairman voted out, $2.24/share dividend backed

    ZUG, Switzerland (Reuters) - Transocean Ltd shareholders voted out Chairman Michael Talbert at the annual meeting on Friday and backed a nominee of activist investor...

  6. Correction to Transocean CEO Welcomes Merksamer Headline

    Transocean Ltd. (RIG, RIGN.VX) shareholders voted overwhelmingly Friday to reject a $4 a share dividend proposal by activist investor Carl Icahn but ousted long-time...

  7. Transocean CEO Confirms Shareholders Rejected Icahn's Dividend Proposal

    Transocean Ltd. (RIG, RIGN.VX) shareholders voted overwhelmingly Friday to reject a $4 a share dividend proposal by activist investor Carl Icahn but ousted long-time...

‹ Prev12345Next ›
Freebase CC-BY
Source: Carl Icahn on Freebase, licensed under CC-BY
Other content from Wikipedia, licensed under the GFDL