SHARING CONTENT ABOUT: PRIVATE EQUITY VENTURE CAPITAL HEDGE FUNDS INVESTMENT BANKING, AND HOLLYWOOD
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Monday, March 11, 2013
US billionaire Carl Icahn says Dell will allow him to review its ...bennyquetell,@LinkedIn,@LinkedInToday,@GooglePlusTweet,@GooglePlus_Feed,@Pinterest,@twitter,@facebook,@twitpic,@klout,@branchout,@huffingtonpost,@mashable,@youtube,@ubersocial,@bitly,@hootsuite,@digg,@blogger,@forbes,@resilient_ent,#resilientmediaentertainment
By Richard Blackden2:15PM GMT 11 Mar 2013
Dell will let Carl Icahn review its books as the billionaire investor tries to scupper the struggling PC maker's $24bn plan to sell itself to founder Michael Dell.
Mr Icahn said on Monday he had signed an agreement that will allow him to see confidential financial information about Dell, which early last month agreed to a sale to Mr Dell and US private equity firm Silver Lake.
The $13.65-a-share price has roused the anger of Dell's leading shareholders, and last week Mr Icahn, a veteran of many corporate battles in the US, said that instead of selling Dell, the company's board should return cash through a dividend that he argues would leave Dell’s shareholders substantially better off.
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