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Carl Icahn has taken a 6% stake in Dell (DELL +0.9%), CNBC reports. Shares have jumped to $14.25...

  • Wednesday, March 6, 2:28 PM ET
    Carl Icahn has taken a 6% stake in Dell (DELL +0.9%), CNBC reports. Shares have jumped to $14.25 on the news, putting them 4.4% above Dell's $13.65/share LBO price. If the report is true, Southeastern Asset and other shareholders fighting for a higher bid just got themselves a big ally. (earlier)
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This news story has 4 comments:

  •  
    just the kind of necessary ally to make the insiders pay, but also the kind to make them potentially walk away
    6 Mar, 02:42 PM Reply Like
  •  
    It is curious that Dell is up, like other companies' stock on this kind of news, and IEP is down slightly.
    6 Mar, 03:30 PM Reply Like
  •  
    What does Ichan know about this company we don't ?
    7 Mar, 12:03 AM Reply Like
  •  
    Perhaps the question is: what do we know about Dell AND Carl Ichan from which we might profit?
    7 Mar, 02:12 AM Reply Like
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