Dell shareholders Carl Icahn and Southeastern Asset Management have teamed up to propose an alternative offer to founder Michael Dell’s $24.4 billion leveraged buyout deal.
According to correspondence obtained by the Wall Street Journal, Icahn and Southeastern say they would give Dell shareholders the option to continue holding stock in the company and take an additional $12 a share in cash or stock.
Southeastern is Dell’s largest shareholder with a 8.5 percent stake. Icahn and Southeastern currently hold a combined 13 percent of Dell’s stock, while Michael Dell and his partners hold about 16 percent.
Carl Icahn has sought to overturn Michael Dell’s bid to take the company private since March. The activist investor, who owns a $1 billion stake in Dell, originally said he was open to a partnership with Blackstone Group after the private equity firm made its own separate bid for the PC maker. Blackstone…
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Although Justin and Selena had to part ways after their reunion, a source tells HollywoodLife.com EXCLUSIVELY that the couple is determined to work out their relationship because they’re both obsessed with each other!
Justin Bieber, 19, and Selena Gomez, 20, have had their fair share of problems, so they’re trying really hard to make their relationship work the second time around. A source close to Selena tells HollywoodLife.com EXCLUSIVELY that ever since Justin and Selena’s reunion in Norway, the couple has been working really hard to fix the problems in their relationship!
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