Michael Dell
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Dell Inc. tells suitors Carl Icahn and Southeastern Asset Management that the company would not provide more information about itself.
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NEW YORK, March 26- U.S. stock index futures rose on Tuesday, ahead of a flurry of data that could lure investors and propel the S&P 500 to a record closing high. *The benchmark S&P 500 index traded just a quarter point below its all-time closing high on Monday, before news out of Europe prompted investors to cash in gains.
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NEW YORK, March 26- U.S. stocks rose on Tuesday, putting the S&P 500 within striking distance of its all-time high, as strong data on home prices pointed to an economy that was improving, albeit slowly. Shares of homebuilding stocks rose, with Toll Brothers up 0.9 percent to $35.47 and Lennar Corp up 0.9 percent at $41.92.
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NEW YORK, March 25- Dell Inc founder and Chief Executive Michael Dell is very concerned that Blackstone Group LP's buyout offer would dismantle the PC maker he founded in 1984, two people close to Michael Dell said on Monday.
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*Dell says Michael Dell willing to work with third parties. March 25- Two of the most prominent U.S. investors could upset Michael Dell's $24.4 billion buyout bid for Dell Inc, after billionaire Carl Icahn opened the door to an alliance with Blackstone Group to wrest control of the computer maker from its founder.
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*Stocks wipe out gains after initial optimism over Cyprus bailout. NEW YORK, March 25- U.S. stocks fell on Monday on renewed concerns about the developments in Cyprus and the euro zone, which wiped away earlier gains that drove the S&P 500 index to less than a point away from its record close.
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*Dell says Michael Dell willing to work with third parties. March 25- A frenzy of backroom negotiations was poised to begin on Monday after Dell Inc invited billionaire investor Carl Icahn and Blackstone Group to make firm takeover offers, potentially turning an existing $24.4 billion take-private deal into a starting bid for the No. 3 PC maker.
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*Stocks wipe out gains after initial optimism over Cyprus bailout. NEW YORK, March 25- U.S. stocks fell on Monday but pulled off their session lows by late afternoon after the president of the Eurogroup tried to clarify his comments on the Cyprus bailout. He also said that Cyprus was a template for handling the region's other debt-strapped countries.
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*Top official says Cyprus deal is template for euro zone fixes. *Stocks wipe out gains after initial optimism over Cyprus bailout. NEW YORK, March 25- After gaining early on Cyprus's bailout, U.S. stocks fell on Monday on a top euro zone official's comments that Cyprus was a template for handling the region's other debt-strapped countries.
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March 25- Dell Inc said it received alternative proposals from Blackstone Group LP and Carl Icahn that might be superior to the $24.4 billion offer from founder Michael Dell and private equity fund Silver Lake Partners last month. -An affiliate of Michael Dell investment vehicle MSD Capital will contribute up to an additional $250 million.
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*Cyprus solution removes a hurdle to stocks' upward move. NEW YORK, March 25- U.S. stocks were set to edge higher at the open on Monday after negotiators reached a deal hours before a deadline to keep Cyprus afloat with a financial bailout and avert the country's possible exit from the euro zone.
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*Special committee continues to support Michael Dell, Silver Lake deal. March 25- Dell Inc said it received alternative proposals from Blackstone Group LP and Carl Icahn that could be superior to the $24.4 billion offer from founder Michael Dell and private equity fund Silver Lake Partners last month.
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*Top official says Cyprus is new template for euro zone fixes. NEW YORK, March 25- U.S. stocks fell on Monday as initial optimism over a bailout for Cyprus gave way to investor worries that the euro zone would shift the burden of aiding weak banks to depositors, bondholders and others instead of to governments and taxpayers.
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A special committee of Dell board is evaluating separate takeover proposals from Blackstone and billionaire investor Carl Icahn to decide whether either or both are likely to trump an existing $24.4 billion take-private deal.
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March 24- A special committee of Dell Inc's board is evaluating separate takeover proposals from Blackstone Group and billionaire investor Carl Icahn to decide whether either or both are likely to trump an existing $24.4 billion take-private deal, a source familiar with the discussions said on Sunday.
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March 24- A special committee of Dell Inc's board is evaluating separate takeover proposals from Blackstone Group and billionaire investor Carl Icahn to decide whether either or both are likely to trump an existing $24.4 billion take-private deal, a source familiar with the discussions said on Sunday.
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Dell appeared to have received competing offers following a $24.4 billion agreement last month to be taken private by its founder and private equity firm Silver Lake, setting up a tug-of-war.
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NEW YORK, March 23- Dell Inc appeared to have received competing offers following a $24.4 billion agreement last month to be taken private by its founder and private equity firm Silver Lake, setting up a tug-of-war for the world's No. 3 PC maker.
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NEW YORK, March 23- Dell Inc appeared to have received competing offers following a $24.4 billion agreement last month to be taken private by its founder and private equity firm Silver Lake, setting up a tug-of-war for the world's No. 3 PC maker.
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Marshall Sonenshine, Chairman and CEO of Sonenshine Partner, discusses the likelihood of rival bidders appearing before tonight's "go-shop" deadline.
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NEW YORK/ BOSTON, March 21- Dell Inc is set to disclose next week that its largest independent investor, Southeastern Asset Management, originally expressed interest in joining the proposed leveraged buyout deal that it now opposes, according to two people familiar with the matter.