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.
— CNBC (@CNBC) May 10, 2013
Breaking: Investor Carl Icahn and Southeastern Asset Management propose an alternative to Dell buyout. on.wsj.com/53aH8q
— Wall Street Journal (@WSJ) May 10, 2013