Which names are for the michael dell partnership, and which are against it?
It is quite an impressive roster on the carl icahn side of the equation and growing.
Just yesterday, we had to low- price, reaffirming supporting him, and we had at blackrock, as well, being vocal in shareholders' meeting to turn this deal down.
One quick thing we should note, there is a twist here, in a sense that shareholders can vote no up until thursday, and then on thursday, they can vote yes, which is why the special committee will have to wait to determine whether or not the vote is going.
Is that usual?
It is usual, but it sets up a game of chicken.
The shareholders can vote no, no, no, unless there is a delay to get a bump.
At least, that is what they are posturing.
It is anyone's game at this point.
With your reporting, is there any reports as to what side they are leading towards?
From a port numerical standpoint, michael dell cannot vote his shares, and we have talked about this before.
That is about 60% of the company, and that means 84% of the shares are up for sale, and carl icahn already has about 20%, including his shares, he and what that means is another 23% or 24% to vote to, and, again, if you do not vote, it counts as a no vote, so that is why it is coming so close to the wire.
And, i guess, we would be remiss do not talk about this, because it is trading even below the price.
There is a lot of money going into the stock since the deal was announced.
They want to know that they can cash out, and they are not getting that.
That is what is sending the share price a little lower.
But, at the end of the day, what has michael done for this company?
Since his returning to the helm of the company, the share price has tended to about $10 before the deal was leaked and we broke the news, so you are going to give this to him on, presumably, a cheap price, after he has done what he has done for the company.
All right, we have a lot to
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