Deals
Carl Icahn Doubles Down on Pursuing Dell
This article is for subscribers only.
“Mr. Dell, I have Carl Icahn on line 2.”
So it is. Dell is trying its best to go private—the better to get out of the glaring limelight of quarterly earnings targets and Wall Street expectations while its business continues to fade. But activist investor Carl Icahn won’t go away; he thinks founder and Chief Executive Officer Michael Dell is trying to get the company on the cheap. With a July 18 shareholder vote on the buyout looming, Icahn wants to block the deal and get the PC maker to fork over more of its cash.