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News For DELL From The Last 14 Days Check below for free stories on DELL the last two weeks. |
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| May 10, 2013 |
| 12:31 EDT |  | DELL | On The Fly: Midday Wrap
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| 06:15 EDT |  | DELL | Icahn reports 4.52% stake in Dell, sends buyout proposal to board
Carl Icahn disclosed a 4.52% stake in Dell as well a letter sent to the company's board offering an alternative buyout proposal. The letter stated in part, "We are a group of Dell Inc. shareholders that own in the aggregate approximately 13% of the outstanding shares of Dell Inc. From the announcement of the Agreement and Plan of Merger, dated as of February 5, 2013 we have stated repeatedly that we believe that the Going Private Transaction is not in the best interests of Dell shareholders and substantially undervalues the company. As a result, we will vote against the Going Private Transaction." The group's proposal gives shareholders the right to continue as owners and keep their existing equity position in Dell. The shareholders would also be given the opportunity to elect to receive a distribution of $12 per share in cash or $12 in additional shares valued at $1.65 per share. Icahn and Southeastern said they would both elect to receive additional shares rather than cash. Both investors said financing for their proposal would be obtained from Dell's existing cash and $5.2B in new debt. Icahn and Southeastern believe their proposal is superior to Dell's going private transaction. |
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| 06:08 EDT | | DELL | Carl Icahn discloses 4.52% stake in Dell, proposal letter to board
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| 06:03 EDT |  | DELL | Icahn, Southeastern propose alternative buyout for Dell, WSJ reports
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| May 9, 2013 |
| 05:54 EDT |  | DELL | Stocks with implied volatility movement; DELL BAX
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| May 6, 2013 |
| 10:04 EDT | | DELL | Dell acquires enterprise cloud-management company Enstratius
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| 07:43 EDT | | DELL | Icahn looks for Dell board fight, NY Post reports
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