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Stock Market & Financial Investment News

News Breaks
April 6, 2013
14:41 EDTDELL, BXIcahn won't rule out proxy fight for Dell, WSJ says
Carl Icahn is not agreeing to Dell's (DELL) committee request of dropping his right to a proxy fight in return for reimbursement by Dell of discovery expense, a deal that bidding groups led by Silver Lake Partners and Blackstone (BX) have both been granted. In an interview with the Wall Street Journal, Icahn said he is exploring his earlier proposal for a dividend, which would require a proxy fight. Icahn has made a preliminary bid to buy up to 58% of Dell but as of yet has not engaged in talks with Michael Dell, notes WSJ. Reference Link
News For DELL;BX From The Last 14 Days
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September 29, 2014
15:50 EDTBXCSC contacts PE firms on leveraged buyout interest, Bloomberg reports
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15:46 EDTBXCSC explores LBO, contacts Blackstone, Bain to gauge interest, Bloomberg says
07:25 EDTDELLOracle to hold a conference
Open World 2014 to be held in San Francisco on September 28-October 2.
September 23, 2014
13:53 EDTBXBlackstone COO says company was 'never in Russia,' CNBC reports
Blacksone COO Tony James disputed a Financial Times report that said the group was "giving up on Russia," reports CNBC. In an interview with CNBC's "Squawk Box," James said "We were never in Russia. We've never had an office, employee or investment in Russia." James added that Blackstone has a consultant in Russia but has not determined whether or not to renew the contract. Reference Link
September 21, 2014
14:43 EDTBXBlackstone does not renew contracts to its consultants in Russia, FT says
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September 17, 2014
07:37 EDTBXMorningstar to hold a conference
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September 16, 2014
07:38 EDTBXBlackstone looks to raise $16B for new buyout fund, WSJ reports
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