Carl Icahn is making yet another dangerous bet. The hedge fund manager has acquired a six percent stake in Dell Inc. (NASDAQ:DELL) and is now trying to push the company from its private buyout. Dell founder Michael Dell and other investors agreed to buy the firm for $13.65 per share. At time of writing the firm’s stock was trading at $14.23. This means that investors think Icahn can pull the deal off. Icahn has publicly stated that he thinks the firm’s stock is worth around $22. Dell Inc. (NASDAQ:DELL) investors don’t seem willing to go that far, though at least…
Dell Investors Choose Carl Icahn Over Michael Dell
HFA Staff
The post above is drafted by the collaboration of the Hedge Fund Alpha Team.