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Report: Icahn backing away from Dell bid

According to a published report, billionaire investor Carl Icahn is unlikely to follow through on a preliminary offer to acquire Dell, becoming the second suitor to revise views of the company after reports showed a staggering ...

Dell, Icahn agree on a share ownership cap (Update)

Dell Inc. and Carl Icahn have agreed to cap his stake in the personal computer maker while a special board committee considers competing takeover bids from the billionaire investor, a group led by CEO Michael Dell and buyout ...

Major Dell shareholder favors recent buyout offers

Dell's largest independent shareholder is leaning toward supporting one of the two bidders trying to scuttle the slumping personal computer maker's proposed $24.4 billion sale to a group including CEO Michael Dell.

Suntech announces default, search for financing (Update)

Suntech, one of the world's biggest solar panel manufacturers, said Monday it has defaulted on a $541 million bond payment in the latest sign of the financial squeeze on the struggling global solar industry.

Dell buyout in turmoil as Icahn enters the fray (Update)

A proposed buyout of computer maker Dell Inc. appeared less likely Thursday after activist investor Carl Icahn said Dell should remain a public company and reward shareholders with a big, one-time payout.

Tech sector rides on rich list

America's technology sector remained a driving force for the world's billionaires, led by Microsoft's Bill Gates and other familiar names, a Forbes survey showed Monday.

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