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ROUND ROCK, Texas, July 24- Dell Inc shareholders converge again in Texas on Wednesday to vote on CEO Michael Dell's $24.4 billion buyout offer, after a previous meeting was pushed back a week to buy time to convert investors on the fence about the landmark deal.
ROUND ROCK, Texas, July 24- Dell Inc shareholders converge on Texas on Wednesday to vote on CEO Michael Dell's $24.4 billion buyout offer for the company after a previous meeting was pushed back a week in the hope of convincing dubious investors to accept the deal.
When Scott Wapner isn't grilling Wall Street icons, he's busy cooking up a real storm at home.
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His medical expertise and fascination with Wall Street ultimately led to a job at investment firm First Manhattan Co. There he has used them to inform a campaign to replace the leadership of Vivus Inc, a drugmaker whose handling of the launch of its diet pill Qsymia angered shareholders.
*Vivus will have four directors on the board. NEW YORK, July 19- Vivus Inc has agreed to give dissident shareholder First Manhattan Co a board majority, ending an acrimonious proxy fight and bringing in a new CEO to the drugmaker accused of bungling the launch of its groundbreaking diet pill.
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Despite the postponement of the shareholder vote, David Eaton, Vice President of Proxy Research at Glass Lewis, says 11th-hour backing from some large investors shows there is more support for Michael Dell's buyout plan than initially thought.
*First Manhattan is pushing to replace entire Vivus board. NEW YORK, July 18- Obesity drugmaker Vivus Inc is close to reaching a settlement with First Manhattan Co, giving the dissident investor a majority of the company board, a source familiar with the matter told Reuters on Thursday evening.
NEW YORK, July 18- Obesity drugmaker Vivus Inc has delayed its board election, which was scheduled for Thursday morning, as it negotiates with shareholder First Manhattan Co, according to two sources familiar with the situation.
Dell delayed a vote on founder Michael Dell's plan to take the company private. Shares are up more than 2 percent on the news. Dennis Berman, Wall Street Journal, weighs in.
ROUND ROCK, July 18- Dell Inc postponed a shareholder vote on its CEO's $24.4 billion buyout offer to Wednesday after failing to get enough support to seal the deal, despite winning over several large investors at the eleventh hour.
One person with a lot at stake in the Dell shareholder decision is Carl Icahn, reports CNBC's Scott Wapner.
NEW YORK, July 18- Several large shareholders including Vanguard Group Inc and BlackRock Inc voted in favor of Michael Dell and Silver Lake's deal to take PC maker Dell Inc private, but the proposal is still short of shareholder votes, a person familiar with the matter said.
Kenneth Squire, 13-D Monitor, shares his thoughts on shareholder activism and discusses the likely fate of Michael Dell's plans to take his company private, as activist investor Carl Icahn fuels opposition to the deal.
CNBC's Scott Wapner has the update on Carl Icahn's bid for the PC maker. And Joe Weisenthal, Business Insider executive editor, shares his thoughts on the battle for Dell.
Billionaire investor Carl Icahn once again upped the ante in his bid for the PC maker, as shareholders may vote today on whether to take the company private. Carr Lanphier, Morningstar analyst, weighs in on the deal.
Dell, Intel, Google, Microsoft, lots of data and lots of money to be made. Andrew Tonner , Tech and Telecom Analyst at Motley Fool gives his take on the tech space, and how to turn a profit.
July 17- Opposition to Michael Dell's bid to take his computer company private grew on Wednesday, and billionaire Carl Icahn argued Dell Inc had no right to delay a shareholder vote, even if the deal looked more likely to fail.