Saturday, June 25, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
HTC Apologizes For Poor Results, Pins Hopes On VR
MediaTek To Invest $6.15 billion on 5G Communication Technologies
EU, United States Strengthen Data Transfer Pact
BitTorrent Now Music And Video App Launched
Qualcomm Files Complaint Against Meizu
3-D pens And Moldable Earbuds Appear At CE Week Gadget Show
HP Recalls Batteries for HP and Compaq Notebook Computers Due to Fire and Burn Hazards
Corsair Vengeance LED Performance Memory Lights Up DDR4
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 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
Computex: New Dell 10 2-in-1 Laptops Are Starting At $249
Dell Enters The Embedded PC Market with New Embedded Box PCs
Dell Updates Latitude Family, Unveils OLED Monitor At CES
Dell Says Security Hole Identified In Some Laptops
Dell's Black Friday And Cyber Monday Offers on PCs, Tablets And More
Dell And Microsoft Introduce Hybrid Cloud Syste
Dell Unveils Smaller, Faster OptiPlex Business PCs
Dell, HP, Intel, Lenovo and Microsoft Unite to Promote The PC
It's Official: Dell Acquires Data Storage Company EMC For About $67 Billion
Dell Releases Windows 10 XPS Devices
Dell May Buy Data Storage Company EMC: reports
Dell To Invest $125 Billion in China

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .