One of the biggest names in tech in Texas has had a complicated few days. Michael Dell, Chairman and CEO of computer and computer services giant Dell wants to buy back his company from shareholders. The idea is once the company is private, it will have room to rebuild itself for the longer term without the short-term demands of a publicly-traded stock. But a powerful Dell shareholder, Carl Icahn, is reportedly now pushing for more money than is on offer, a development that could upset the deal. Although we were told Michael Dell couldn’t address the buyout, it did come up during a rare interview at the Dell headquarters outside Austin.
One of the biggest names in tech in Texas has had a complicated few days. Michael Dell, Chairman and CEO of computer and computer services giant Dell wants to buy back his company from shareholders. The idea is once the company is private, it will have room to rebuild itself for the longer term without the short-term demands of a publicly-traded stock. But a powerful Dell shareholder, Carl Icahn, is reportedly now pushing for more money than is on offer, a development that could upset the deal. Although we were told Michael Dell couldn’t address the buyout, it did come up during a rare interview at the Dell headquarters outside Austin.
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