{"id":6423,"date":"2013-03-08T13:30:00","date_gmt":"2013-03-08T13:30:00","guid":{"rendered":"http:\/\/cloudcomputing.sys-con.com\/node\/2570386"},"modified":"2013-03-08T13:30:00","modified_gmt":"2013-03-08T13:30:00","slug":"carl-icahn-threatens-michael-dells-lbo-2","status":"publish","type":"post","link":"https:\/\/icloud.pe\/blog\/carl-icahn-threatens-michael-dells-lbo-2\/","title":{"rendered":"Carl Icahn Threatens Michael Dell\u2019s LBO"},"content":{"rendered":"<p>Carl Icahn, the famous \u201cgangsta\u201d-style activist investor, has stepped into the middle of Dell\u2019s $24.4 billion leveraged buy-out, threatening \u201cyears of litigation\u201d if he doesn\u2019t get his way.<br \/>\nHe has apparently amassed a 6% position in Dell, making him the company\u2019s second-largest outside stockholder, and he wants a $9-a-share special dividend paid out instead of letting Dell founder Michael Dell take the company private.<br \/>\nIn a letter to Dell\u2019s board Thursday Icahn proposed that the dividend be paid if shareholders voted down the LBO and wants the vote combined with the company annual stockholders meeting so stockholders also vote on the board.<br \/>\nIf they don\u2019t do that \u2013 that\u2019s where he\u2019s promising \u201cyears of litigation\u201d challenging the LBO.<\/p>\n<p><a href=\"http:\/\/cloudcomputing.sys-con.com\/node\/2570386\" >read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Carl Icahn, the famous \u201cgangsta\u201d-style activist investor, has stepped into the middle of Dell\u2019s $24.4 billion leveraged buy-out, threatening \u201cyears of litigation\u201d if he doesn\u2019t get his way.<br \/>\nHe has apparently amassed a 6% position in Dell, &#8230;<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-6423","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/6423","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/comments?post=6423"}],"version-history":[{"count":0,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/6423\/revisions"}],"wp:attachment":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/media?parent=6423"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/categories?post=6423"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/tags?post=6423"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}