Dell Investors Icahn And Southeastern Offering Company Buyout Alternative

Posted on May 10 2013 - 11:39am by Editorial Staff

Dell

With Dell buyout still not moving anywhere, the company’s investors Carl Icahn and Southeastern teamed up to offer alternative to company buyout, according to both CNBC and the Wall Street Journal. The duos are proposing a $12 per share cash and finance deal to buy the Dell, helping the company guarantees over on its debt.

It’s being summoned now from long time since it’s first planned out to turn into a private enterprise, but the plan still rolling out nowhere. Well, as of now Southeastern Asset Management owns 8.5 percent of the company, while Icahn’s stake is 4.6 percent. No doubt more on the way over Dell’s buyout plan stay tuned with us.

Breaking: Investor Carl Icahn and Southeastern Asset Management propose an alternative to Dell buyout. on.wsj.com/53aH8q

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Editorial Staff

Editorial Staff at I2Mag is a team of subject experts led by Karan Chopra.