je.st

Home › icahn

Tag: icahn

Icahn, Blackstone submit bids to buy Dell - report

2013-03-25 09:06:00| Telecompaper Headlines

(Telecompaper) Carl Icahn and Blackstone have submitted offers to acquire Dell for more than the USD 24.4 billion buyout bid from Michael Dell and Silver Lake Management, a person familiar with the matter told Bloomberg. The two new bids were submitted before the go-shop deadline of 22 March. Icahn said he would pay USD 15 a share in cash for 58 percent of Dell, the person said. Blackstone, which is said to be working with Morgan Stanley, is confident that it can raise debt to pay more than the USD 14.25 a share offered by Michael Dell and Silver Lake. Dell may announce on 25 March if the new proposals are likely to be higher or if it needs more time to study them. Bloomberg writes that Michael Dell is likely to raise his offer.

Tags: report buy submit dell

Blackstone, Icahn among counteroffers received to Dell self-buyout, say reports

2013-03-23 23:42:05| InfoWorld: Top News

Blackstone Group has reportedly sent a preliminary counterbid to buy out Dell, which would rival the current proposed offer of $24.4 billion from Silver Lake Partners and Michael Dell made in early February. Blackstone, an equity firm, submitted its offer to Dell on Friday, the New York Times reported, citing unnamed sources.

Tags: received reports dell blackstone

Dell buyout plan gets Icahn scrutiny

2013-03-11 18:46:35| BBC News | Business | UK Edition

Computer maker Dell opens up its books to the scrutiny of activist investor Carl Icahn, who opposes plans by founder Michael Dell to buy out the firm.

Tags: plan dell scrutiny buyout