Dell Adjourning Without Vote Is Bad News for Icahn
July 18 (Bloomberg) -- Dell Inc. adjourned an investor meeting to vote on Chief Executive Officer Michael Dell’s $24.4 billion buyout and rescheduled it for July 24.
The decision, announced at the meeting today at Dell’s Round Rock, Texas, headquarters, prolongs months of jousting between the buyout group and investors seeking a higher price. Cristina Alesci reports on Bloomberg Television's "In the Loop." Trish Regan also speaks. (Source: Bloomberg)