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"If our board is elected, Michael Dell will not be running the company," says Carl Icahn on...

"If our board is elected, Michael Dell will not be running the company," says Carl Icahn on CNBC, making it clear there's no love lost between him and Dell's (DELL +1.2%) leadership. Icahn declares Michael Dell is "stealing the company," and that his actions are "like something out of Saturday Night Live." He promises bridge loan guarantees for his offer will arrive, though they aren't done yet, and that he'll provide $2B himself if all else fails. (previous) Update: Icahn also suggests Dell's PC business could be on the block if his bid succeeds.
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Comments (7)
  • sgarg05
    , contributor
    Comments (12) | Send Message
     
    Carl Icahn might not be right to remove Michael Dell- reasons are simple that he is since year 2007 trying to change the course of action + have focused in enterprise area. He might be the best person to run until they break down businesses to sell different units to give something back to nervous shareholders.http://bit.ly/14awFDH
    10 May 2013, 01:02 PM Reply Like
  • redarrow5150
    , contributor
    Comments (1014) | Send Message
     
    Dell is done. They for so long were just box makers who used there advantage in the internet to build model but everyone caught up with them a decade ago. They do little R&D in developing products and instead copy and remake what others have done. When's the last time DELL had a unique product that made them standout? Answer...they haven't.
    10 May 2013, 06:00 PM Reply Like
  • Ashraf Eassa
    , contributor
    Comments (9080) | Send Message
     
    This is a comedy.
    10 May 2013, 06:27 PM Reply Like
  • Sam Liu
    , contributor
    Comments (3864) | Send Message
     
    Would anybody know what is Dell's R&D for PCs!

     

    R&D: Research and Development

     

    Let me clarify, how much in absolute terms and relative to say, AAPL, HPQ and Samsung or Sony PC R&D %age and absolute terms.
    10 May 2013, 07:54 PM Reply Like
  • redarrow5150
    , contributor
    Comments (1014) | Send Message
     
    Dell's R&D stands for Regressed and Depressed.
    10 May 2013, 07:56 PM Reply Like
  • Leo50
    , contributor
    Comments (126) | Send Message
     
    We will be robbed.
    11 May 2013, 12:55 AM Reply Like
  • Chris201231
    , contributor
    Comment (1) | Send Message
     
    R&D: rip-off and duplicate
    11 May 2013, 09:26 PM Reply Like
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