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Posted by on Jun 14, 2013 in Companies |

Carl Icahn withdraws offer for control of Dell

Carl Icahn withdraws offer for control of Dell

(Cc) Dell’s Official Flickr Page

E Billionaire U.S. investor Carl Icahn has a bad reputation for being someone who is aggressively take control of the in which it involves, so much so that when he threatened to take control of Netflix, the shareholders of the company took a drastic measured as a preventive measure against Icahn.

After problems with Netflix, Icahn got involved in another battle for control of a recognized technology: Dell.

As we recall, the company is trying to get out of the stock market for privatized due to a planned strategy by its founder, Michael , and a group of collaborators among which is Microsoft, who offered to buy all shares of Dell worth U.S. $ 24,400 million.

Given this, Icahn made ​​a counter offer to existing shareholders of Dell to promise a number of benefits that exceeded the supply of with the intention of getting control of the computer manufacturer.

To get the idea of the level of aggressiveness of Icahn, so furious promised last May that if it was the control of the company immediately dismiss Michael Dell .

Finally, the fight for control of the company would be coming to an end, as Icahn is poised to withdraw its bid for the purchase of Dell after not able with partners to raise the U.S. $ 5,200 million would be missing to improve Michael Dell offering and its partners Silver Lake Partners.

The last word is Dell’s shareholders, who will decide on the proposed privatization of the company in a vote that will take place on July 18.

Link: Carl Icahn May Walk Away From Dell Proxy Fight I Started (All Things D)

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