Carl Icahn Commits To Sweeten Dell Bid

In a bid to thwart Michael Dell’s buyout plan, billionaire investor Carl Icahn said he will come up with a higher offer for Dell Inc. (NASDAQ:DELL) by Friday morning. In his interview to Bloomberg television, the activist investor Carl Icahn said: “We are going to be coming up with a higher bid tomorrow morning… around $20, buy the stock at $20 and we will give the shareholders a piece that warrant. We think that will make it utterly superior and we will go to the independent board”. A shareholder meeting to consider Michael Dell’s buyout proposal is scheduled for July…