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"Nothing has changed regarding the financing ... We expect to have [$5.2B] in the next couple of...

"Nothing has changed regarding the financing ... We expect to have [$5.2B] in the next couple of weeks ...  I would provide [$2B], if necessary." Thus speaks Carl Icahn, addressing reports he's struggling to line up financing for his Dell (DELL -0.6%) bid and making a case for his new $14/share tender offer. Unsurprisingly, Dell's special committee isn't enthusiastic about the tender, and says it's still waiting on requested info about Icahn's leveraged recap proposal. Some think Icahn's real motivation is getting Michael Dell/Silver Lake to sweeten their offer. "Icahn is historically known for looking for dislocations," observes one Dell shareholder.
Comments (1)
  • claycombmichael
    , contributor
    Comments (49) | Send Message
     
    Blue HorseShoe Loves Dell. I'm Long Dell.

     

    Looks Like Dell is in Play !!
    20 Jun 2013, 03:28 AM Reply Like
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