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Carl Icahn: I've never seen a board as bad as Dell's

CNBC with Reuters
Wednesday, 17 Jul 2013 | 5:17 PM ET
Icahn: Never seen a board as bad as Dell's
Wednesday, 17 Jul 2013 | 5:09 PM ET
Activist billionaire investor Carl Icahn discusses the upcoming Dell vote and his feelings about the company's board, which is one of the worst he's ever seen.

Billionaire activist Carl Icahn said in an interview with CNBC that he's never seen a board as bad as Dell's.

In fact, getting rid of the board would be an asset to the company, Icahn said.

He added that he definitely has a candidate in mind for CEO.

The comments came a day before a Dell shareholder vote on a buyout offer from founder Michael Dell.

Icahn has urged shareholders to vote against the $24.4 billion offer from Michael Dell and private-equity firm Silver Lake, saying at $13.65 a share, it "substantially" undervalues the company.

There has been buzz this week that Dell may postpone the vote in order to garner more support for the deal.

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