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Icahn proposes alternative to Dell buyout

March 8, 2013
By TOM MURPHY , THE ASSOCIATED PRESS

Billionaire investor Carl Icahn wants Dell Inc. to remain a public company and proposed rewarding shareholders with a large dividend payment instead of becoming private in a $24.4 billion buyout. He says the amount being offered by a group led by Dell founder and CEO Michael Dell substantially undervalues the slumping PC maker.

 
 

 

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