Billionaire investor Carl Icahn has teamed with Dell’s largest independent shareholder, Southeastern Asset Management, to pitch a deal that would let Dell shareholders keep their stake in the company and give them either $12 per share in cash or.
NEW YORK, Feb 8 (Reuters) - Three of Dell Inc's largest investors joined Southeastern Asset Management on Friday in objecting to a $24.4 billion buyout of the No. 3 PC maker led by Chief Executive Michael Dell, sources said, as opposition grows to the.
Southeastern Asset Management, Dell's (DELL) largest independent shareholder with a 7.5% stake, reportedly believes that the $24.4B buyout undervalues the company. Southeastern's dissatisfaction adds to that of other shareholders such as Alpine Capital.
Source: Southeastern Asset Management Southeastern Asset Management breaks down the analysis of Dell Inc. (NASDAQ:DELL), and states that Dell should be trading at $23.72 per share according to its letter to Dell’s board of directors. Because of this.
Southeastern Asset Management sent a new letter to the board of directors of Dell on Tuesday alleging the company’s recent results underplayed the turnaround at the PC maker, a turnaround the buyout group will look to capitalize on. Specifically.
Activist investor Carl Icahn and Southeastern Asset Management are sick and tired of the delays that Dell Inc.\’s shareholders have faced in voting on the proposal by company CEO Michael Dell to take the company private. In a letter filed with the.
AUSTIN, Texas--(BUSINESS WIRE)--Yacktman Asset Management supports the proposal on Dell Inc. (Nasdaq: DELL) put forth by Carl Icahn/Southeastern Asset Management for the following reasons. As a holder and longtime follower of Dell’s stock, we believe.
SAN FRANCISCO (MarketWatch) — The battle over the future of Dell Inc. heated up Friday after the company received an alternative proposal from Carl Icahn and Southeastern Asset Management that may compete with a privatization offer by founder and CEO.
Yacktman Asset Management announced it support for the proposal on Dell put forth by Carl Icahn/Southeastern Asset Management, stating in part: "As a holder and longtime follower of Dell’s stock, we believe that Dell has historically made numerous poor.
7:44 p.m. | Updated One of the biggest investors in Dell said on Friday that it would oppose the company’s plans to go private, setting up a major potential roadblock for the biggest buyout since the financial crisis. Southeastern Asset Management.