TECH in AMERICA (TiA)

SHARING AMERICA'S TECH NEWS FROM THE VALLEY TO THE ALLEY

Rainmaker Carl Icahn Gives Bloomberg TV the DELL Scoop

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by A.M. Watts, July 12, 2012

In February 2013, Michael Dell announced his intention to take Dell Inc. (NASDAQ:DELL) private at 24.4bn/$13.65 a share. The deal would include private equity firm Silver Lake Management LLC. What would ensue over the next few months lead to Thursdays scoop on Bloomberg TV’s “Street Smart” with host Trish Regan.

Billionaire and Rainmaker Carl Icahn, having an 8.7% stake in the company has a different idea for himself and Dell’s shareholders, which will be announced later today. In the interview, Mr. Icahn’s convincingly astute assessment makes it clear to shareholders the company remains strong and valuable, despite the recent drop in PC sales and founder Michael Dell’s assessment of the company.

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