Major shareholders like Carl Icahn who opposed Dell's $24.9 billion go-private acquisition were just trying to drive up the stock price, Michael Dell tells CNBC.» Read More
*Crude oil jumps above $100 per barrel on unrest in Egypt. NEW YORK, July 3- U.S. stock index futures fell Wednesday ahead of an abbreviated trading session, tracking international weakness amid investor concerns about the pace of global economic growth. Bank of America fell 0.9 percent to $12.79 in premarket trading.
Carl Ichan has secured $5.2 billion in financing for Dell's recap plan, reports CNBC's David Faber.
CNBC's David Faber reports the two corporate leaders had dinner to discuss the price of a deal for Dell. Icahn would not comment.
July 1- Billionaire investor Carl Icahn asked for a meeting with Dell Inc's special board committee after lining up $5.2 billion in loan commitments to back up his bid for a leveraged recapitalization of the personal computer maker.
July 1- Billionaire investor Carl Icahn and Jefferies& Co have lined up $5.2 billion in loan commitments backing Icahn's leveraged recapitalization plans for computer manufacturer Dell Inc, sources told Thomson Reuters LPC.
July 1- Carl Icahn has secured $5.2 billion in financing from banks and institutional investors for his offer for Dell Inc, people familiar with the matter said on Monday.
CNBC's David Faber reports the latest details in the battle for Dell.
NEW YORK, June 27- Mergers and acquisitions around the world slowed to their most sluggish pace since 2009 in the first half of 2013, Thomson Reuters data shows, as recession-hit European companies put the brakes on transactions and their healthier U.S. counterparts took a cautious approach amid market uncertainty.
The war of words over the firing of Men's Wearhouse founder George Zimmer reaches a fever pitch. But this type of noisy departure isn't necessarily atypical.
Carl Icahn fires a new salvo at Dell's leadership for its recent comments on his bid for control of company.
Dell's special committee believes going private delivers the highest value for shareholders, reports CNBC's David Faber.
June 21- Jefferies& Co will provide $5.2 billion in term loans to back Carl Icahn's bid for computer manufacturer Dell Inc, sources told Thomson Reuters LPC. The $5.2 billion is split between a $2.2 billion six-year term loan B-1 and a $3 billion three-year term loan B-2.
Michael Dell continues to make the case to take his company private, reports CNBC's David Faber.
June 21- Dell Inc's billionaire founder Michael Dell said he would oppose any leveraged recapitalization of the company and called on stakeholders to vote in favor of his buyout offer, ahead of a shareholder meeting next month.
Carl Icahn has found something else where he can beat Bill Ackman. The billionaire was the first of the two to make it to Twitter.
Stocks accelerated their selloff in the final hour of trading to end near session lows Wednesday, after the Federal Reserve said it will maintain its bond-buying program, though Chairman Ben Bernanke hinted that the FOMC plans to moderate purchases later this year.
CNBC's David Faber reports according to Carl Icahn, Dell's stock would be worth more than $14 per share after his tender offer.
U.S. stock index futures hovered around the flatline Wednesday, with global markets trading cautiously ahead of the Federal Reserve's all-important policy statement and Chairman Ben Bernanke's press briefing later in the session.
Tuesday’s market gains would suggest Bernanke will stay on; housing starts have slow, steady progress; Prism program apparently foiled plans for more than 50 terrorist attacks.
June 18- Billionaire investor Carl Icahn on Tuesday laid out a new proposal for Dell Inc, calling on the No. 3 PC maker to buy back 1.1 billion shares and allowing the activist to become a larger stakeholder.