Skip to content
Subscriber Only

Billionaire Icahn Says He’ll Sweeten Dell Offer With Warrant

Billionaire investor Carl Icahn, in a bid to force Michael Dell to sweeten his $24.4 billion buyout proposal for Dell Inc., said he’ll increase his offer for the PC maker by this morning by adding a warrant.

The new bid will be “vastly superior” to the founder’s offer, Icahn said yesterday on Bloomberg Television’s “Street Smart” with Trish Regan. “We’re going to come in and add into the package -- which we think is superior already.”