Carl Icahn proposes alternative to $24.4B Dell buyout deal
Investor Carl Icahn and Southeastern Asset Management have teamed up to offer an alternative to the $24.4 billion buyout deal now before the company's stockholders.
The pair -- two of the computer maker's largest shareholders -- have proposed giving stockholders the option of holding on to their stock in the company and take an additional $12 a share in cash or stock, according to The Wall Street Journal and CNBC.
CNET has contacted Dell for comment and will update this report when we learn more.
The proposal, reportedly made in a letter to Dell's board of … Read more