Saturday July 4, 2020

New twists and turns in battle to acquire Dell

There were surprising developments in the fight to own computer giant Dell, as new bidders appeared following the opposition to Michael Dell's original offer.

20th April, 2013
Michael Dell's original bid was considered too low. Photo: Getty

Michael Dell's battle to take computer-maker Dell private continued last week after two rival bidders for the company emerged.

Billionaire investor Carl Icahn agreed to accumulate no more than a 10 per cent stake in Dell, as he continued to pursue an alternative to a $24.4 billion leveraged buyout by Dell's founder.

Dell gave Icahn a limited waiver to discuss a deal with other investors, while Icahn agreed not to join with other shareholders to build more...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 6 months ago

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 4 years ago