Carl Icahn is giving up his bitter takeover fight for Dell a few days before shareholders are scheduled to consider the latest buyout offer from the company’s founder Michael Dell.
Activist investor Carl Icahn is suing Dell to prevent the PC maker from changing crucial details of a buyout offer from founder Michael Dell that Icahn stridently opposes.
Billionaire investor Carl Icahn is warning that the latest offer from Dell’s founder to buy the struggling computer maker bypasses an important safeguard for shareholders.
Dell plans to negotiate with Blackstone Group and Carl Icahn over acquisition bids for the computer maker that rival a bid of over $24 billion from investors led by Michael Dell.
Commercial Metals Co., which resisted a takeover bid from billionaire Carl Icahn last year, posted a profit on Wednesday for its fiscal second quarter after shipping more steel and recycled metal products.
Commercial Metals Co. has rebuffed billionaire investor Carl Icahn’s $1.73 billion takeover offer, saying the proposal undervalues the scrap-metal processor.
Blockbuster is mulling bids from Carl Icahn and others in an auction process that continues in court.