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 ...

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.

Carl Icahn ends takeover battle for PC maker Dell (Update)

Billionaire investor Carl Icahn is giving up his bitter takeover fight for Dell Inc. a few days before shareholders are scheduled to consider the latest buyout offer from the struggling computer maker's founder Michael Dell.

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 ...

Dell's 2Q earnings fall 72 pct amid PC sales slide (Update 2)

Dell's woes worsened during its most recent quarter as the slumping personal computer maker resorted to rampant price cutting to slow a sales decline driven by a growing reliance on smartphones and tablets to connect to the ...

Dell's board deals blow to CEO's $24.4B buyout bid

Dell's board rejected CEO Michael Dell's attempt to change the voting rules for his bid to buy the slumping personal computer maker, a decision that is likely to doom the deal.

Investor contests condition in latest Dell offer (Update)

Billionaire investor Carl Icahn is renewing his attack on Michael Dell's leadership and warning that the latest offer from Dell to buy the struggling PC maker he founded bypasses an important shareholder safeguard.

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 ...

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