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Icahn fighting Dell buyout with recap plan

Carl Icahn and Southeastern Asset Management, Dell’s biggest outside shareholder, are launching their campaign to derail a buyout of the PC maker. The pair is proposing that the company pursue a leveraged recapitalization that will pay shareholders a $12-per-share dividend.Their rival proposal, which is outlined in a letter… …read more
Source: NY Post

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Posted by on May 10, 2013. Filed under Business News. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.