Icahn on Monday urged Dell’s board not to support the proposed shareholder vote change as it could disenfranchise voters.
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Icahn on Monday urged Dell’s board not to support the proposed shareholder vote change as it could disenfranchise voters.
Michael Dell and Silver Lake’s decision to raise the offer to take Dell private is a concession that rival Carl Icahn and affiliate parties may have an upper hand in the wrangling to take over the company, observers of the deal said.
Carl Icahn has acquired a larger stake in Dell and called for a better buy-out offer than the proposal of US$13.65 per share from Michael Dell and Silver Lake Partners.
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