Odds are growing Carl Icahn and Southeastern Asset will drop their bid for Dell (DELL -0.4%),...

|About: Dell Inc. (DELL)|By:, SA News Editor
Odds are growing Carl Icahn and Southeastern Asset will drop their bid for Dell (DELL -0.4%), David Faber reports. Icahn is said to be worried about his ability to raise another $2B in financing. The NY Post reports Icahn recently told potential lenders a financing package set to be finished by today has been delayed, as he tries to strengthen it to address a $3.9B shortfall brought up by Dell's special committee last week. A revised funding package could reportedly be presented next week. Dell shares are 2% below Michael Dell/Silver Lake's $13.65 LBO price. (previous)