Carl Icahn Still Opposes Dell Deal on Valuation Concerns

Dell Technologies Inc., one of the world’s largest closely held technology companies, will likely face an up uphill battle convincing at least one vocal investor that its $21.7 billion plan to go public is fair for shareholders.

Dell’s earnings release Thursday marks one of investors’ last opportunities to see whether Dell is on track to meet its robust sales expectations before a vote on the company’s cash-and-stock offer for its tracking stock, DVMT, in October.