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Update: Icahn, Southeastern make alternative bid for Dell

2013-05-10 13:12:09| InfoWorld: Top News

Investor Carl Icahn and Southeastern Asset Management have countered Dell's plan to go private with an offer that would give shareholders a large payout and still keep the computer company publicly traded. In a letter Thursday to Dell's board, the two large shareholders in the company offered to give shareholders the option to continue holding shares in the company, and take an additional $12 a share in cash or stock.

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