News tagged with dell inc

Dell shareholders approve $24.8B buyout offer (Update)

Dell Inc. will end its quarter-century history as a publicly traded company and try to engineer a turnaround away from the prying eyes of Wall Street following shareholders' approval Thursday of a $24.8 billion buyout offer ...

dateSep 12, 2013 in Business
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Southeastern takes 12 pct stake in News Corp.

Southeastern Asset Management Inc., the investment firm that along with activist investor Carl Icahn opposed the proposed buyout of Dell Inc., disclosed that it has taken a nearly 12 percent stake in News Corp.

dateSep 11, 2013 in Business
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Judge won't fast-track Icahn claim against Dell

A Delaware judge has refused to fast-track a trial on billionaire investor Carl Icahn's (EYE'-kahn) claims that Dell Inc. directors have breached their fiduciary duties in scheduling a vote on founder and CEO Michael Dell's ...

dateAug 17, 2013 in Business
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Icahn to seek court appraisal of $24.4B Dell deal

Billionaire investor Carl Icahn will ask a judge to assess the fairness of a proposed $24.4 billion acquisition of struggling personal computer maker Dell in his latest attempt to wrangle a higher price from a group of buyers ...

dateJul 10, 2013 in Business
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Icahn and Southeastern push against Dell buyout

Activist investor Carl Icahn and Southeastern Asset Management Inc. are formally urging Dell shareholders to reject a buyout offer from the struggling PC maker's founder and investment firm Silver Lake Partners.

dateJun 06, 2013 in Business
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Lenovo marks first US manufacturing plant

Three business reasons—quicker, closer and custom—prompted computer maker Lenovo Group to open its first U.S. manufacturing operation in North Carolina instead of low-cost foreign locations like Mexico or China, its North ...

dateJun 05, 2013 in Business
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Dell: Investors offer short by $3.9B

Dell says a buyout offer from shareholder Southeastern and billionaire investor Carl Icahn is about $3.9 billion short of the amount needed to pay shareholders as promised and operate the business.

dateJun 05, 2013 in Business
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Dell trimmed CEO's pay by 14 pct amid PC slump

Dell Inc. trimmed CEO Michael Dell's pay by 14 percent to $13.9 million last year amid a slump that culminated in a proposed $24.4 billion deal that could end the personal computer maker's 25-year history as a publicly traded ...

dateJun 04, 2013 in Business
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