Silver Lake Partners

Dell Shareholders Approve $24.9 Billion LBO Deal

The shareholders of Dell (NASDAQ:DELL) formally approved the $24.9 billion leveraged buyout (LBO) offer by its founder and CEO, Michael Dell and Silver Lake Partners after a long battle against activist investor, Carl Icahn who strongly believed that the proposal “greatly undervalues” the PC maker.

Carl Icahn Ends Fight to Stop Dell Buyout

Activist investor, Carl Icahn decided to end the fight to stop the buyout proposal of Michael Dell and Silver Lake Partners to take Dell Inc (NASDAQ:DELL) private. In a letter to his fellow shareholders on...

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