Dell (DELL) Special Committee Notes Risk in Icahn Proposal

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Go back to Dell (DELL) Special Committee Notes Risk in Icahn Proposal

Icahn Highlights Risk in Dell (DELL) Deal Following Special Committee Comments

July 15, 2013 8:49 AM EDT

Carl C. Icahn and his affiliates today issued the following open letter to stockholders of Dell Inc (Nasdaq: DELL).

Dear Fellow Dell Stockholders:

It seems to me that the Dell Board has shamelessly attempted to frighten stockholders throughout this process. But the scary facts they bring up are often the result of Dell's own actions. They tell us about the profitable PC market drastically declining and point to their quarterly numbers. But they neglect to point out the reduction in margin is of their own doing because they have, of their own... More

Revised Dell (DELL) Bid Worth $15-$18 to Shareholders - Icahn

July 12, 2013 9:12 AM EDT

Carl Icahn's amended his bid for Dell, Inc. (NASDAQ: DELL) and said it is worth $15-$18 per share to shareholders.

Below is a copy of the release:

Carl C. Icahn and his affiliates and Southeastern Asset Management today issued the following letter to stockholders of Dell Inc.

Dear Fellow Dell Stockholders:

We are today enhancing our proposal for a self tender offer at Dell.

UNDER OUR REVISED PROPOSAL DELL WOULD SELF TENDER FOR 1.1 BILLION SHARES OF DELL STOCK IN EXCHANGE FOR $14 PER SHARE PLUS ONE TRANSFERABLE WARRANT... More