Hedge Funds Carl Icahn

  • Nov 15- Dell Technologies on Thursday raised its offer to buy back shares tied to its interest in software maker VMware to $120 per share, sweetening the deal for shareholders with an additional $5 billion in cash. In July, the computer maker offered to pay $21.7 billion, or $109 per share, in cash and stock to buy back shares tied to its interest in VMware, returning...

  • Faber Report: Dell offers $120 per share in cash for tracking stock

    CNBC's David Faber reports on Dell's new offer for its tracking stock.

  • Nov 15- Dell Technologies on Thursday raised its offer to buy back shares tied to its interest in software maker VMware to $120 per share, still way short of the $300 price suggested by activist investor Carl Icahn. The computer maker in July offered to pay $21.7 billion, or $109 per share, in cash and stock to buy back shares tied to its interest in VMware, returning...

  • Nov 15- Dell Technologies on Thursday raised its offer to buy back shares tied to its interest in software maker VMWare to $120 per share from its previous offer of $109, still way short of the $300 price suggested by activist investor Carl Icahn. The computer maker in July offered to pay $21.7 billion in cash and stock to buy back shares tied to its interest in...

  • Dell raises offer to buy its tracking stock

    CNBC's 'Squawk Box' team discuses the latest the fight between Carl Ichan and Micheal Dell over tracking stock VMware.

  • Nov 13- Dell Technologies Inc is working with investment banks to add more cash to a $21.7 billion offer to buy back a "tracking stock" tied to its software company VMware Inc following investor opposition, people familiar with the matter said on Tuesday. The move comes after several investors in the tracking stock, including billionaire Carl Icahn, said they...

  • Nov 1- Activist investor Carl Icahn sued https://carlicahn.com/commenced-litigation-against-dell-technologies Dell Technologies on Thursday, alleging that the computer maker did not disclose financial information related to its plans to go public by buying back its tracking stock. Dell said in July it would pay $21.7 billion in cash and stock to buy...

  • Nov 1- Activist investor Carl Icahn sued https://carlicahn.com/commenced-litigation-against-dell-technologies Dell Technologies on Thursday, alleging that the computer maker did not disclose financial information related to its plans to go public by buying back its tracking stock. The investor also turned legal arguments against Dell in the past,...

  • A woman shops for Cheerios cereal at a Price Chopper supermarket in South Burlington, Vermont.

    Rather than wasting cash and energy in offering public investors growth, companies like Kellogg and General Mills would maybe be better off going private.

  • Oct 23- Xerox Corp fell short on revenue but beat estimates for profit on the back of cost-cutting in its first full quarter under new management backed by activist investors Carl Icahn and Darwin Deason. The U.S. photocopier, which is facing a long-running decline in its core business, reported net profit that roughly halved and said revenue fell 5.8 percent...

  • Oct 23- Xerox Corp fell short on revenue but beat estimates for profit on the back of cost-cutting in its first full quarter under new management backed by activist investors Carl Icahn and Darwin Deason. The U.S. photocopier, facing a long-running decline in its core business, reported net profit had roughly halved and said revenue fell 5.8 percent...

  • TOKYO, Oct 17- Fujifilm Holdings Corp has won an appeal in its legal battle with Xerox Corp, with a U.S. court overturning preliminary injunctions requested by activist investors that had blocked a planned merger. Xerox in May scrapped a $6.1 billion deal with Fujifilm in a settlement with investors Carl Icahn and Darwin Deason that also handed control of the U.S....

  • Oct 16- Dell Technologies Inc said on Tuesday it was sticking to its plans to go public by buying back its tracking stock, a day after activist investor Carl Icahn opposed the move. Icahn reported an increased 8.3 percent stake in Dell tracking stock on Monday, saying he intends to do everything in his power to thwart the computer manufacturer's plans.

  • Oct 16- Billionaire activist investor Carl Icahn is accumulating a significant stake in discount chain Dollar Tree Inc, the New York Post reported on Tuesday. Icahn's plans for the stake were not immediately clear, the report https://nypost.com/2018/10/16/carl-icahn-has-taken-a-stake-in-dollar-tree added. Dollar Tree shares rose 5.4 percent to...

  • *ACTIVIST INVESTOR CARL ICAHN SAYS MICHAEL DELL IS USING "SCARE TACTICS"- CNBC INTERVIEW. *CARL ICAHN SAYS VMWARE IS MUCH MORE VALUABLE THAN DELL ITSELF. *ICAHN SAYS WOULD NOT NECESSARILY OBJECT TO DELL IPO.

  • Faber Report: Icahn challenges Dell deal

    CNBC's David Faber reports on Carl Icahn uping his stake in the technology company in an attempt to block the company's plan to return to the public market without an IPO.

  • Oct 15- Activist investor Carl Icahn reported an increased 8.3 percent stake in Dell tracking stock on Monday, as he looks to block a proposed plan by the computer maker to return to the public market without an IPO. Elliott Management Corp and Canyon Capital Advisors LLC have also resisted Dell's effort to buy back the "tracking stock" from them, arguing that...

  • Icahn: Icahn now owns 8.3 percent of Dell Technologies shares

    CNBC's 'Squawk Box' team discusses Carl Ichan's letter urging voters to vote against the takeover bid.

  • Oct 3- Dell Technologies Inc confirmed on Wednesday it had met with some investment banks to explore an initial public offering if its plan to buy the tracking stock of VMware Inc falls through. Dell, which owns 80 percent of VMware, said in July it would buy the tracking stock in a $21.7 billion cash-and-stock deal, to return to the public market.

  • NEW YORK, Sept 28- A federal judge in Manhattan on Friday dismissed an unusual lawsuit in which billionaire investor Carl Icahn accused the law firm Wachtell, Lipton, Rosen& Katz of malpractice related to his 2012 hostile takeover of CVR Energy Inc.. District Judge Richard Sullivan said CVR failed to show that Wachtell and two of its partners, Benjamin Roth and...