Arik Hesseldahl

Recent Posts by Arik Hesseldahl

Two More Proxy Firms Back the $24.4 Billion Dell Buyout Plan

And if you haven’t had enough news on the Dell buyout front, there’s this: Proxy advisory firm Glass Lewis has weighed in on the $24.4 billion leveraged buyout proposed by Michael Dell and private equity firm Silver Lake. According to a news release from Dell, the firm recommended that shareholders vote for the proposal, echoing the view of Institutional Shareholder Services, which did the same this morning. A third firm, Egan Jones, backed it today as well.


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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work