Tags: Icahn | offer | Dell | warrant

Icahn Sweetens Bid for Dell by Adding Warrant

Friday, 12 Jul 2013 09:17 AM

Billionaire investor Carl Icahn and Southeastern Asset Management Inc. sweetened their bid for Dell Inc. by adding a warrant they say would increase the value of the offer to $15.50-$18 per share from $14.

Under the new offer, Dell shareholders would get $14 per share and a warrant for every four shares held that would entitle the holder to buy Dell shares for $20 each within the next seven years.

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Billionaire investor Carl Icahn and Southeastern Asset Management Inc. sweetened their bid for Dell Inc. by adding a warrant they say would increase the value of the offer to $15.50-$18 per share from $14.
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2013-17-12
Friday, 12 Jul 2013 09:17 AM
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