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All Posts Term: carl icahn
2 post(s) found

Dell Slams Carl Icahn For Being Inconsistent

Jun 25 2013
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Michael Dell, Founder of Dell

Michael Dell, Founder of Dell (Photo credit: Wikipedia)

Dell Slams Carl Icahn For Being Inconsistent

Carl Icahn and Southeastern Asset Management have apparently been slammed by a Dell special committee. He is attempting to propose his own deal for going private with the company, and it is clearly marked as incredibly inconsistent and impossible to implement based on his own actions.

Michael Dell was originally slated to buy out the company for around 24.4 billion dollars. There have been several disputes over this deal, and Carl Icahn has done his best to grab the company himself.

Carl Icahn Fended Off by Netflix Poison Pill

Netflix

Netflix (Photo credit: Wikipedia)

Activist shareholders have launched plans for a hostile takeover but on Monday Netflix stated that they had adopted a "stockholder rights plan" to prevent this from happening.

The investors have dubbed the plan the "poison pill" and will implement it should any group or individual attempt to purchase a mass of Netflix shares without board consent. In the event of this happening Netflix can make the takeover bid hugely expensive by flooding the market with new shares.

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