Largest Shareholder Objects to LBO — the Letter
Southeastern Asset Management, which owns 8.5% of Dell’s shares outstanding, has filed documents and a letter to Dell Inc.’s (NASDAQ: DELL) board that objects to the planned LBO. The letter makes it…
Southeastern Asset Management, which owns 8.5% of Dell’s shares outstanding, has filed documents and a letter to Dell Inc.’s (NASDAQ: DELL) board that objects to the planned LBO. The letter makes it…
courtesy Dell Inc.In an exclusive report, Reuters revealed that the largest single independent shareholder of Dell Inc. (NASDAQ: DELL), Southeastern Asset Management, has voiced objections to the price of the leveraged buyout. Because…
ThinkstockA Bump in China’s Trade China’s trade received a boost in January from the traditional New Year holiday. Exports soared 25% from 14.1% in the previous month, while imports jumped to 28%,…
thinkstockSoutheastern Asset Management, Dell’s (NASDAQ: DELL) largest shareholder, is unhappy with the price of the LBO. (Reuters) The Boeing Co. (NYSE: BA) 787 has been approved for test flights. (Reuters) BMW says…
courtesy of Apple Inc.The cannibalization of the PC market caused by the overwhelming popularity of tablet devices might be even greater than you think. According to the latest data from analyst firm…
Jon OggThese are some of this Wednesday’s top analyst upgrades, downgrades and initiations seen from Wall S. research calls. We have calls in banks, solar, tech, biotech and more. Arch Coal Inc.…
courtesy of Hewlett-PackardHewlett-Packard Co. (NYSE: HPQ) is among the tech companies that had comments on the leveraged buyout of Dell Inc. (NASDAQ: DELL). The comments mostly were directed at Dell customers and…
courtesy Dell Inc.Critics of Microsoft Corp.’s (NASDAQ: MSFT) $2 billion investment in the Dell Inc. (NASDAQ: DELL) $24.4 billion leverage buyout believe that the world’s largest software company could harm its relationship…
ThinkstockHackers Hit the Fed Hackers have scored another victory in a series that has extended from Google Inc.’s (NASDAQ: GOOG) China site, to the New York Times Co. (NYSE: NYT) site, to…
courtesy of Facebook Inc.Liberty Global Inc. (NASDAQ: LBTYA) will buy U.K. cable firm Virgin Media Inc. (NASDAQ: VMED) for $15.75 billion. (Reuters) Royal Bank of Scotland Group PLC (NYSE: RBS) expects LIBOR penalties in…
U.S. equity markets opened higher this morning and maintained their upward momentum for essentially the whole day. Lacking any really bad news from Asia or Europe, U.S. markets shrugged off a weaker…
Dell Inc. (NASDAQ: DELL) is trading up only about 1% now that its formal buyout has surfaced. Now that Michael Dell is using private equity as an investor and using finance from…
courtesy Dell Inc.Dell Inc. (NASDAQ: DELL) has finally announced that it has signed a definitive merger agreement under which founding CEO Michael Dell will acquire the company in partnership with global technology…
thinkstockThe United States begins a lawsuit against McGraw Hills Companies Inc.’s (NYSE: MHP) S&P for its role in the mortgage-backed paper debacle. (Reuters) BP PLC’s (NYSE: BP) fourth-quarter profits are strong though…
courtesy of DellDell Inc. (NASDAQ: DELL) is not getting a great reception so far on Monday as word of its buyout continues to point to a deal getting closer and closer. Late…