Seeking Alpha

The Dell (DELL +1.6%) leaks won't stop. Bloomberg now reports Blackstone has joined H-P and...

The Dell (DELL +1.6%) leaks won't stop. Bloomberg now reports Blackstone has joined H-P and Lenovo in studying Dell's books during its go-shop period, and that Carl Icahn is seeking a $9/share special dividend as part of his leveraged re-cap proposal. Sources suggest H-P and Lenovo were more interested in getting a peek at a rival's books than in making a bid. Shares closed at $14.32. (more on Dell).
Comments (4)
  • $9 dividend is manner to settle this valuation charade. Let Donald take a "haircut"-he deserves it.
    6 Mar 2013, 04:27 PM Reply Like
  • Of course everyone is looking at Dell's books, how often to you get a chance to see the internal numbers from competitors? Window shopping doesnt mean there are dozens of bidders lined up.
    6 Mar 2013, 04:29 PM Reply Like
  • What should I do? i have about 700 shares.
    7 Mar 2013, 05:21 AM Reply Like
  • How often do you get chance to study your rivals books for free? Right after he buys a 6% stake in Dell Icahn calls for a special dividend; fast cash for Icahn. Don't know what Einhorn was thinking when he decided to mess with that guy.
    7 Mar 2013, 06:30 AM Reply Like
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