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RT @TechCrunch: Carl Icahn and Southeastern Propose Alternative Offer To Michael Dell's Buyout http://t.co/slAs6FImFg by @catherineshu
May 10, 2013
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Carl Icahn and Southeastern Propose Alternative Offer To Michael Dell's Buyout
Dell shareholders Carl Icahn and Southeastern Asset Management have teamed up to propose an alternative offer to founder Michael Dell's $24.4 billion leveraged buyout deal. According to correspondence obtained by the Wall Street Journal, Icahn and Southeastern say they would give Dell shareholders the option to continue holding stock in the company and take an additional $12 a share in cash or stock.