Wednesday, June 19, 2013

Let’s make a Dell: Icahn revises plan, pushes $14-a-share offer


Icahn doesn’t know how to quit according to the NY Post..  The billionaire activist yesterday suddenly switched tactics in his high-stakes bid to upend an effort by Michael Dell and partner Silver Lake Management to take PC maker Dell Inc. private for $24.4 billion.

The 77-year-old investor demanded that Dell Inc. launch a $14-a-share tender offer for about 60 percent of the PC maker’s outstanding shares.   The Dell-Silver Lake offer is valued at $13.65 a share…


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