Michael Dell is the founder and chief executive of Dell, the world's third- largest computer hardware manufacturer by revenue. He currently owns about 15 percent of the Round Rock, Texas-based company. Through his New York-based investment firm, MSD Capital, Dell also controls an investment portfolio worth more than $9 billion.
Michael Dell News
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Dell Inc. reported fiscal first- quarter profit that missed analysts’ estimates, underscoring the worsening outlook that led the company’s founder to seek a buyout designed to reinvigorate growth.
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Southeastern Asset Management Inc., the money manager that is the largest outside investor of Dell Inc., said it exercised 25 million call options in the computer maker, giving it more shares to vote in the upcoming fight over the company’s future.
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Dell Inc.’s special committee asked billionaire Carl Icahn for more information about his proposed takeover of the personal-computer maker, made last week as a challenge to founder Michael Dell’s $24.4 billion buyout.
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Dell Inc., the world’s third-largest personal computer maker, accused at least six makers of optical disk drives including Hitachi Ltd. of conspiring to fix prices of their products from 2004 to 2010.
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Jefferies Group LLC, the investment bank that Carl Icahn says may help finance his takeover bid for Dell Inc., told clients in a research report that the computer company’s investors are more likely to favor a competing offer.
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Billionaire Carl Icahn, seeking to scuttle a buyout led by Silver Lake Management LLC, is asking Dell Inc. investors to bet on a computer maker beset by rising competition, tumbling demand and a bigger debt load.
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Billionaire investor Carl Icahn said Michael Dell would lose his job as head of Dell Inc. if shareholders accept an offer for the computer maker outlined by Icahn.
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The world’s 200 richest people added $17.5 billion to their aggregate wealth this week as U.S. jobless claims fell to a five-year low, bolstering optimism in the economy.
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Andrew J. Hall, who’s building a farm empire in Vermont selling lavender soap and cider, last night bought a trip to handmade-cigar haven Cuba.
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BMC Software Inc. agreed to be taken private in a $6.9 billion deal by Bain Capital LLC and Golden Gate Capital after struggling to compete with newcomers better equipped to handle the shift toward cloud computing.
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