Dell, Silver Lake Think $13.75/Share is 'Full and Fair Price' for Dell (DELL)

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Icahn, Southeastern Issues Letter on Dell (DELL); Says Rules are Being Manipulated

July 24, 2013 2:52 PM EDT

Carl C. Icahn and his affiliates and Southeastern Asset Management today issued the following open letter to stockholders of Dell Inc. (Nasdaq: DELL) and its Special Committee.

Dear Fellow Dell Stockholders and Special Committee:

In today's latest installment of the "Desperate Dell Debacle," Michael Dell/Silver Lake have asked the Company to change the rules of the game in a transparent attempt to force their freeze out transaction across the finish line despite the vote of its stockholders. In a Merger Agreement with widely-criticized protective devices in favor... More

Carl Icahn Channels Dr. Seuss on Dell (DELL)

July 24, 2013 11:25 AM EDT

Carl Icahn (@Carl_C_Icahn) had a little message for Dell's (NASDAQ: DELL) board and shareholders on Twitter today following the 10 cent/share "higher" bid from Michael Dell and Silver Lake.
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Dell (DELL) committee said to seek at lease $14 per share for buyout - Bloomberg

July 24, 2013 10:18 AM EDT

Dell, Inc. (NASDAQ: DELL) committee said to seek at lease $14 per share for buyout, according to Bloomberg headlines.... More

Michael Dell, Silver Lake Raise Dell (DELL) Bid to $13.75/Share in Cash

July 24, 2013 8:11 AM EDT

The Special Committee of the Board of Dell Inc. (NASDAQ: DELL) announced today that it has received a revised proposal from Michael Dell and global technology investment firm Silver Lake under which they would increase the price at which they would acquire the company to $13.75 per share in cash, subject to certain conditions.

In light of the revised proposal, which the Special Committee is evaluating with the assistance of its financial and legal advisors, the Special Meeting of Stockholders previously scheduled to be reconvened today at 5:00 p.m. Central Daylight Time... More

Icahn and Southeastern's Open Letter to Dell (Dell) Special Committee

July 23, 2013 1:24 PM EDT

Carl C. Icahn and his affiliates and Southeastern Asset Management today issued the following letter to the Dell (Nasdaq: DELL) Special Committee.

Ladies and Gentlemen:

In our years in business we have witnessed many unconscionable boards. But, we think that the ongoing "Desperate Dell Debacle" stands out as one of the most startling examples. Amazingly, through it all, the Special Committee continues to remind us just how much they believe that they are taking care of us, watching out for us and protecting us. We have a number of questions for these... More