Icahn seeks Dell meeting after securing $5.2 billion for bid

Home Forums Icahn seeks Dell meeting after securing $5.2 billion for bid

This topic contains 0 replies, has 1 voice, and was last updated by  Anonymous 4 years, 5 months ago.

  • Author
    Posts
  • #2467

    Anonymous

    Technology News

    Investor Carl Icahn speaks at the Wall Street Journal Deals & Deal Makers conference, held at the New York Stock ExchangeBy Michelle Sierra and Leela Parker (Reuters) – Billionaire investor Carl Icahn asked for a meeting with Dell Inc's special board committee after lining up $5.2 billion in loan commitments to back up his bid for a leveraged recapitalization of the personal computer maker. Icahn, in an open letter to Dell shareholders, said that financing commitments included $1.6 billion from Jefferies Finance LLC, which will publicly file the papers after markets close on Monday. “With that we put an end to the unwarranted speculation by Dell that our money would not be available,” Icahn said in the letter. …


You must be logged in to reply to this topic.

0 Shares
Share
+1
Tweet
Share
Stumble