Tuesday, April 21, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Samsung To Make New Qualcomm Processors: report
ARM Reports Strong Chip Sales For The First Quarter 2015
Nichia Develops New Energy-efficient Laser For TVs
Samsung Leads The Global SSD Market
Buffalo's New Ruggedized Portable Hard DriveHas NFC Capabilities
Google To Serve Ads Through HTTPS
IBM Revenue Falls In Q1
Twitter Allows Everyone To Send You A Direct Message
Active Discussions
Optiarc AD-7260S review
Help make DVDInfoPro better with dvdinfomantis!!!
Question about nero
Copied dvd's say blank in computer only
menu making
cdrw trouble
Need serious help!!!!
burning
 Home > News > General Computing > Michael...
Last 7 Days News : SU MO TU WE TH FR SA All News

Wednesday, July 03, 2013
Michael Dell May Raise Its Offer As Icahn Ups The Stakes


Dell's founder has been reportedly advised to raise his $24.4 billion offer for Dell, after billionaire investor Carl Icahn revealed he had committed more than $3 billion to back an alternative proposal.

The PC maker's special committee told Dell's founder and chief executive a few days ago that he should raise his offer if he wants it to succeed, Reuters reported today citing "a person familiar with the matter."

The special committee was formed to independently assess what the best option for Dell shareholders is.

The special committee's move came as Icahn and his affiliates disclosed on Tuesday they had provided $3.42 billion of the debt financing to back his bid for Dell.

Icahn is preparing an offer that would see shareholders tender 1.1 billion shares at $14 apiece, rivaling Michael Dell's and Silver Lake's $24.4 billion buyout offer of $13.65 a share.

Icahn's proposal will also be put to shareholders only if the offer by Michael Dell and Silver Lake is not accepted by shareholders when they meet on July 18.


Previous
Next
Samsung's Smartwatch May Be Called 'GEAR'        All News        Yahoo Buys Qwiki
ICANN Approves Registry Agreement For New gTLDs     General Computing News      Samsung And SK hynix Sign Licensing Agreement

Get RSS feed Easy Print E-Mail this Message

Related News
Dell Venue 10 7000 Tablet Releasd With A 3D Camera, OLED screen
Dell Releases The New 24-inch Monitor For Mainstream Users
Dell Takes Top Spot in Enterprise Client Device Shipments
Dell Support Will Contact You Before Your PC Crashes
Dell M3800 Mobile Workstation Now Available With 4K Display
Dell Launches Malware Protection and Detection Service
Dell Releases New Enterprise Class Dell Storage Arrays
Dell Announces New Devices Including XPS 13 with 4k Borderless Display, Curved Monitor
Dell Introduces Venue 8 3000, Venue 8 7000, and Venue 11 7000 Series Tablets, New Converged System
Alienware To Release New New Area 51 Gaming Desktop, Graphics Amp
Dell Creates Virtual Smartphone
IFA: Dell Updates Its PC Portfolio

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .