Never mind that Dell buyout deal proposed by founder and CEO Michael Dell in early February, activist investor and professional company shaker upper Carl Icahn with the help of Blackstone has put a better offer on the table, he confirmed in a letter today
No one puts the activist in "activist investor" quite like Carl Icahn, who just won the latest round in the fight over Dell computers — just one of his many, many attempts to bend major corporations to his will.
About that proposed $24.4 billion buyout of Dell: the notorious shaker-upper doesn't like the sound of the deal, so it looks like he's gone and bought up a big stake to get his way — in very Icahn-ish fashion, of course.
After weeks of rumored talks, Dell has announced its sale to Microsoft, Silver Lake Partners, and founder Michael Dell for $24.4 billion, the biggest leveraged buyout since the 2008 financial crisis.
The latest great idea in saving big-old tech companies is to remind people of a better era.
Dell, the company that's perhaps best known for it's line of colorful, college student-friendly laptops, is getting into the cyber security business with its fairly sizable purchase of SonicWALL, Inc.
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