TechTaffy

tech:

taffy

Icahn, Southeastern Present New Dell Bid

By TechTaffy Desk

Investor Carl Icahn, together with Southeastern Asset Management, has proposed a deal to Dell that would give the company’s shareholders the option to either receive $12 per share in cash, or $12 in additional shares valued at $1.65 per share. This alternative would keep Dell from becoming private.

A special committee of Dell’s board said in a statement that it is reviewing the proposal.

Dell is expected to hold a meeting to vote on the company’s founder and CEO Michael Dell’s buyout proposal in the coming months. 

Mr. Icahn and Southeastern control about 11.5 per cent of Dell’s stock.

Just in

Around the web

Apple deletes WhatsApp, Threads from China app store on orders from Beijing — CNN

Apple has removed WhatsApp and Threads from its app store in China, following an order from the country’s internet watchdog, writes Juliana Liu.
Industry

Singtel, Vonage partner to integrate Paragon platform

Singtel has announced a partnership with Vonage, a cloud communications company and subsidiary of Ericsson, to help enterprises and telcos innovate and scale their services through Singtel's orchestration platform, Paragon. 
Industry

Former VMware COO Mike Hayes joins Mirantis board

Mirantis, a company that provides open source software for infrastructure control, has appointed Mike Hayes to its board.
Industry

Boston Dynamics unveils fully-electric Atlas robot

Boston Dynamics is retiring its hydraulic Atlas robot and introducing a fully electric version of its humanoid robots. 
Industry

Tech giants urge EU to prioritize digital competitiveness and infrastructure investment

Five major technology companies - Ericsson, IBM, Intel, Nokia, and Vodafone - called on European policymakers to take urgent action to boost Europe's digital competitiveness and keep it a priority for the incoming European Commission.