Carl Icahn sues Dell over plans to go public
Updated : November 01, 2018 05:22:37 IST
Icahn, who owns 9.3 percent of Dell, called the proposed deal a "conflicted transaction that benefits the controlling stockholders, at the expense of the DVMT stockholders".
Dell in July said it would pay $21.7 billion in cash and stock to buy back shares tied to its interest in software company VMware Inc, returning the company to the stock market without an initial public offering.
Published : November 01, 2018 05:22 PM IST