Activist Stocks
Long/short equity, deep value, special situations, growth

DineEquity: Michael Dell's Choice For Dining

Billionaire Michael Dell got a big win earlier this week. He's taking his prized possession, Dell (NASDAQ:DELL), private and will remain at the helm. However, it's little known that Michael Dell has a separate hedge fund that manages his non-Dell fortune. The fund is appropriately named, MSD Capital, for Michael Saul Dell. MSD was formed in '98 with the purpose of managing Michael Dell's fortune.

Over the last decade or so, MSD has owned the likes of Steak 'n Shake and Dominos Pizza. He's since sold off his stakes in those companies, but he has held on to one dining stock. Dell's MSD is one of the largest shareholders of DineEquity (NYSE:DIN), the operator...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
  • Access Top Ideas, chosen by Seeking Alpha’s editors
  • Filter long and short ideas by market cap and sector
  • Get Coverage of over 5,000 stocks, many of which have little or no coverage elsewhere
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO." Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else." Patrick Rice, Mainstay Capital Management
100% Satisfaction Guaranteed
Money back guarantee. Seeking Alpha PRO members receive a no-questions-asked refund for membership on months paid and not used. Details