Dell (DELL) Special Meeting Begins, Ends
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Icahn Says 13 Cent Increase in Dell (DELL) Offer Insulting
August 2, 2013 1:23 PM EDTCarl Icahn told investors he believes the Dell (Nasdaq: DELL) buyout group's 13 cent increased offer in an insult.
"In every war there are many battles. We are pleased today to have won yet another battle, but the war regarding Dell is far from over," said Icahn.
"Through its actions today, the Special Committee has finally acknowledged publicly... More
Michael Dell, Silver Lake Increase Bid for Dell (DELL); Includes 13c/Share Special Dividend
August 2, 2013 9:21 AM EDTThe Special Committee of the Board of Dell Inc. (NASDAQ: DELL) today announced that it has entered into a revised definitive merger agreement with Michael Dell and Silver Lake Partners that increases the aggregate value to unaffiliated shareholders by at least $350 million, as follows:
* Increases the purchase price to $13.75 per share from $13.65 per share
* Provides for payment of a special dividend at or before closing of $0.13 per share
* Guarantees that the third quarter dividend of $0.08 per share will be paid at or before closing
The effect of the... More
