Dell lets billionaire review its books

US computer technology corporation faces mounting shareholder resistance to proposed $24.4 billion leveraged buyout.

11th March, 2013
Michael Dell: has made an offer for the company.

Dell, the US computer technology corporation, facing mounting shareholder resistance to a proposed $24.4 billion leveraged buyout, is to allow billionaire Carl Icahn review its books as he pushes alternatives to the deal.

Icahn - who has amassed a stake in Dell and is urging the company to pay a special dividend of $9 a share - said in a statement today that he signed a confidentiality agreement with Dell to examine information.

Dell’s board is seeking...

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