Blackstone, Icahn set up three-way battle to buy out Dell

Home Forums Blackstone, Icahn set up three-way battle to buy out Dell

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    Anonymous

    Technology News

    Michael Dell Chairman and CEO of Dell Inc arrives for the launch event of Windows 8 operating system in New YorkBy Greg Roumeliotis and Jessica Toonkel NEW YORK (Reuters) – Dell Inc appeared to have received competing offers following a $24.4 billion agreement last month to be taken private by its founder and private equity firm Silver Lake, setting up a tug-of-war for the world's No. 3 PC maker. Blackstone Group LP submitted an indicative and preliminary offer ahead of the expiration of a “go-shop” period on Saturday that allowed Dell to explore other options, a person familiar with the matter said. …


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