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A special committee of the DELL board pens a letter to Carl Icahn asking for details on his...

A special committee of the DELL board pens a letter to Carl Icahn asking for details on his potential new offer, particularly how he intends to finance it. It's a question, says Dan Primack, Icahn is in no position to answer. Shares -0.4% premarket.
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Comments (5)
  • Valueplay98
    , contributor
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    Michael Dell must have really gotten a kick out of the story that Icahn wanted to boot him....
    13 May 2013, 08:25 AM Reply Like
  • sgarg05
    , contributor
    Comments (12) | Send Message
     
    spot on .. lets figure out where Mr Icahn is going to get money from - no point having a due diligence done and go thru public scrutiny without knowing the strong foundation? http://bit.ly/14awFDH
    13 May 2013, 08:29 AM Reply Like
  • fixitshop
    , contributor
    Comments (5) | Send Message
     
    Nice letter from Icahn with lots of bluster but no content. Parse through and it's clear that the group knows little about the business, and it certainly looks like it isn't spending the time nor effort on a credible plan that could deliver on the qualitative arguments near- or long-term. Picking a fight to make a couple of more dollars - which in the Icahn world is merely a stocking stuffer. That's not capitalism - it's greenmail. Lots of other companies need your brand of "help" out there - go get 'em!

     

    Southeastern -- Really? The strategy for recouping some losses on your Dell investment is this letter? Great research / points of view on potential value, but not based on practical experience.

     

    Remember where the stock price was before the Silver Lake offer? You guys best hope the Silver Lake doesn't go away....
    13 May 2013, 09:46 AM Reply Like
  • june1234
    , contributor
    Comments (3205) | Send Message
     
    He wants to buy your co. and kick you CEO out. What more info do you need.
    13 May 2013, 10:15 AM Reply Like
  • wadeyr
    , contributor
    Comments (199) | Send Message
     
    you would think a billionaire like him would know that...he knows he will be gone soon
    13 May 2013, 02:08 PM Reply Like
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