Posts tagged “Dell”
Dell has postponed a shareholder meeting until July 24, a signal that the company didn't have the votes to pass its proposed $24.4 billion sale to Chief Executive Officer Michael Dell and Silver Lake Management.
The run-up to the vote on Michael Dell's $24.4 billion proposal to acquire Dell has turned into a nail-biting game of chicken that has left Dell's side racing to lobby shareholders who consider the bid too low. Rather than ending with a victory dance for Dell, today may yield a decision to postpone the vote deadline to give him and private-equity firm Silver Lake Management LLC more time to convince investors of the merits of the leveraged buyout - or to simply increase the $13.65-per-share bid.
Shareholder advisory firm ISS recommends taking the certainty of a cash bid over the undertainty of billionaire Carl Icahn's plan to keep Dell public and boost value with a stock buyback.
A reshuffling at HP and a defection to Dell means Lenovo must battle the skills of those former executive team leaders in the battle for global PC dominance.
Activist investor Carl Icahn on Tuesday proposed a $16 billion share buyback in his latest effort to thwart Dell Inc. founder Michael Dell's effort to take the struggling computer maker private.
Analysis: With no legacy software business to protect, and a midmarket presence, acquisition and integration strategy, the new Dell Software division enjoys an edge over enterprise software vendors IBM, Microsoft and HP. TBR believes Dell Software has the IP and team to do this -- but the speed of full integration remains unknown.
Billionaire investor Carl Icahn has teamed with Dell's largest independent shareholder, Southeastern Asset Management, to pitch a deal that would let Dell shareholders keep their stake in the company.
Billionaire investor Carl Icahn agreed to accumulate no more than a 10 percent stake in Dell Inc. as he continues to pursue an alternative to a $24.4 billion leveraged buyout by founder Michael Dell.
The last time worldwide PC shipments experienced a double- digit percentage decline was in the third quarter of 2001, when the market was roiled by the Sept. 11 terrorist attacks and the impact of a decline in technology stocks
If Michael Dell doesn't get a deal he likes from a victorious Blackstone, he will cash out his 15.6 percent stake and walk away from the company he started 29 years ago while in college, Bloomberg news reports.
Dell Chief Executive Officer Michael Dell, seeking to rally employees amid buyout negotiations, says in a memo he's made headway in efforts to transform the computer maker into a broader provider of business products.
Analysis: In response to the surge in mobile devices, especially smartphones and tablets, which recorded unit shipment increases of 37.6 percent and 39.3 percent, respectively, PC makers will aggressively fill their ecosystems will innovative products aimed at countering their mobile- and tablet-centric rivals.