For some time now, Dell founder and CEO Michael Dell (pictured above) has sought to take his company private in a huge $24.4 billion deal. But Blackstone and investor Carl Icahn opposed the deal, saying it undervalued the company, and were preparing to counter it.
Putting your company into play has its perils.
American business magnate Carl Icahn has signed a confidentiality agreement to review Dell's books and further evaluate the bid for a $24 billion leveraged buyout to take the company private.
Remember what Michael Dell said when he was asked back in 1997 -- when Steve Jobs returned to Apple -- what he'd do if he were Jobs?
"I'd shut it down and give the money back to the shareholders."
Google, Microsoft, Facebook, and Apple are not just engines of technological innovation in America ... they're also the path to Forbes' World's Billionaires list. But there is a little catch -- you gotta be a man.
Dell has reached an agreement to go private; a move that marks the end an era for the third largest computer maker.
After months of speculation, Dell officially announced this morning that it will be going private in a $24.4 billion deal with founder Michael Dell and investment firm Silver Lake.
Dell is inching closer to a $24 billion deal that would take the company private as early as Monday.
Storage hasn’t typically been an attractive space for entrepreneurs, but Michael Dell is willing to make a $60 million bet that it will fuel some of the most important strides in IT in the next decade.
“We see this as …
Dell is a huge PC maker with more than $62 billion in its last fiscal year. But the company is shifting its emphasis to IT solutions for the enterprise rather than just pure PC hardware.
In that respect, Dell’s playbook …
Michael Dell, founder and chief executive of Dell, said that the recent uncertainty at Hewlett-Packard has been good for Dell in landing new customers. HP is the world’s No. 1 PC maker, but its place in the market became uncertain …
Hewlett-Packard’s announcement today that it will shut its WebOS operations and spin off its PC business is drawing some ridicule on Twitter. Among the witty cracks is a comment from Michael Dell, the chief executive of Dell, who wrote, “If …
