buyout

Voices

Icahn, Southeastern Propose Alternative to Dell Buyout

Shira Ovide, Reporter, The Wall Street Journal in Voices on May 10 at 12:25 am PT

Two of Dell Inc.’s largest stockholders, investor Carl Icahn and Southeastern Asset Management Inc., proposed an alternative offer to a $24.4 billion deal to buy out the company’s public stockholders.

Voices

Large Dell Holder Sells Stake After Blackstone Pullout

Telis Demos, Reporters, The Wall Street Journal in News on April 24 at 10:04 am PT

The Oakmark Funds, a group of mutual funds that was one of Dell Inc.’s larger shareholders, sold its stake after Blackstone Group LP withdrew its potential bid for the PC maker, Oakmark said Wednesday.

Voices

PC Slide Doomed a Blackstone-Dell Tie

Sharon Terlep, Shira Ovide and David Benoit, Reporters, The Wall Street Journal in News on April 19 at 3:13 pm PT

It really was that bad. That was the conclusion Blackstone Group LP reached about Dell Inc. after it set a small army off to decide whether the private-equity firm should bid for the computer maker.

Voices

Icahn Agrees to Restrict Himself in Talking With Dell Holders

David Benoit, Reporter, The Wall Street Journal in News on April 16 at 6:07 am PT

Carl Icahn can talk to other Dell Inc. shareholders about his ideas, but won’t be allowed to form a formal group that would be bigger than the stake held by founder and CEO Michael Dell.

Voices

Blackstone Solicits Partners for Dell Bid

Sharon Terlep and Shira Ovide, Reporters, The Wall Street Journal in News on April 10 at 5:30 am PT

Blackstone Group LP is talking to several technology companies about potentially joining its bid to take computer maker Dell Inc. private, people familiar with the matter said.

Voices

Dell Buyout Is a Fee-for-All

Matt Wirz and Sharon Terlep, Reporter, The Wall Street Journal in News on April 5 at 8:00 am PT

Wall Street has a lot more than bragging rights riding on the $24 billion-plus takeover battle for Dell Inc. Some of the biggest banks in the world are vying for fees that together could top $400 million for advising and financing the buyout of the computer group, according to people familiar with the negotiations.

Voices

Blackstone Is Open to Keeping Michael Dell as CEO

Matt Wirz and Sharon Terlep, Reporters, The Wall Street Journal in News on March 27 at 12:17 pm PT

Blackstone Group LP is open to keeping Dell Inc. founder Michael Dell as chief executive under its plan to gain control of the computer maker, people familiar with the matter said.

Voices

From Dell Insider to Suitor

Ian Sherr and Shira Ovide, Reporters, The Wall Street Journal in News on March 26 at 5:30 am PT

Blackstone Group LP’s letter laying out a potential bid for Dell Inc. was co-signed by someone very familiar to the computer maker: David Johnson.

Voices

Dell Walks Fine Line in Pitch for Buyout

Shira Ovide and Sharon Terlep, Reporters, The Wall Street Journal in News on March 21 at 4:45 am PT

Chief executives typically like to boast about their companies, but as a Friday deadline for rival bids to buy his firm approaches, Michael Dell finds himself in the opposite position.

Voices

Dell Board Defends Actions, Looked at Breakup and Leveraged Recap

David Benoit, Reporter, The Wall Street Journal in News on March 6 at 10:28 am PT

Dell Inc.’s board of directors, facing steady criticism from shareholders, defended its actions in selling the company to founder Michael Dell in a statement Wednesday.