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Topic - Dell Inc.
Dell Inc. is a multinational information technology corporation based in Round Rock, Texas, United States, that develops, sells and supports computers and related products and services. Bearing the name of its founder, Michael Dell, the company is one of the largest technological corporations in the world, employing more than 96,000 people worldwide. Dell is listed at #38 on the Fortune 500 (2010). Fortune also lists Dell as the #5 most admired company in its industry. - Source: Wikipedia
Is Michael Dell's attempt to gain more control over his company about to turn into a financial tug-of-war?
Michael Dell is about to find out if other bidders think his company is worth more than he does.
Dell has rejected a request from a shareholder rights group seeking to review the internal information that led to a proposed $24.4 billion sale of the struggling personal computer maker.
Billionaire investor Carl Icahn, who is fighting Dell Inc. founder Michael Dell's plan to take the struggling company private, has entered a confidentiality agreement that would give him access to the computer maker's financial records.
Billionaire investor Carl Icahn wants Dell Inc. to remain a public company and proposed rewarding shareholders with a large dividend payment instead of becoming private in a $24.4 billion buyout.
A proposed buyout of computer maker Dell Inc. appeared less likely Thursday after activist investor Carl Icahn said Dell should remain a public company and reward shareholders with a big, one-time payout.
The Dell Inc. committee that negotiated the slumping PC maker's $24.4 billion buyout is standing behind the deal despite the misgivings of major shareholders who believe the price is too low.
Dell's largest independent shareholder is turning up the pressure against the proposed $24.4 billion sale of the struggling personal computer maker to a group of investors that includes its CEO.
Dell Inc. on Tuesday posted another quarter of declining sales and profits, the type of results that have disenchanted shareholders and prompted a buyout agreement.
Dell Inc. on Tuesday posted another quarter of declining sales and profits, deepening a downturn that disenchanted shareholders and culminated in the slumping personal computer maker's recent decision to take its stock off Wall Street in a $24.4 billion deal.
A shareholder rebellion against Dell's proposed $24.4 billion sale to its founder and other investors is gaining more support, fueling a belief that the struggling personal computer maker will have to wrangle a higher price to get the deal done.
Dell is trying to reassure shareholders about its proposed $24.4 billion acquisition by a group led by its founder, saying it considered a number of strategic options before agreeing to the deal.
Dell Inc. Chairman and CEO Michael Dell assured a federal judge Wednesday that the computer maker will carry through the reforms it promised after being accused of fraudulent accounting by the government.
The Federal Communications Commission is opening up unused airwaves between television channels for wireless broadband networks that will be more powerful and can reach farther than today's Wi-Fi hotspots.
Dell is working on a 7-inch tablet that runs Google's Inc.'s Android operating software.