{"id":645793,"date":"2013-03-07T18:45:58","date_gmt":"2013-03-07T23:45:58","guid":{"rendered":"http:\/\/bgr.com\/?p=362718"},"modified":"2013-03-07T18:45:58","modified_gmt":"2013-03-07T23:45:58","slug":"dell-threatened-with-years-of-litigation-over-buyout-plan","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/645793","title":{"rendered":"Dell threatened with \u2018years of litigation\u2019 over buyout plan"},"content":{"rendered":"<p><center><a href=\"http:\/\/bgr.com\/2013\/03\/07\/dell-buyout-plan-lawsuit-threat-362718\/\"><img loading=\"lazy\" decoding=\"async\" width=\"650\" height=\"435\" src=\"http:\/\/boygeniusreport.files.wordpress.com\/2011\/08\/dell-sign-logo110819114438.jpg?w=650&amp;h=435&amp;crop=1\" class=\"attachment-feed_normal wp-post-image\" alt=\"Dell Buyout Plan\" title=\"Dell\" \/><\/a><\/center>There are probably days when Michael Dell regrets ever taking his company public. <a href=\"http:\/\/allthingsd.com\/20130307\/read-carl-icahns-letter-to-dells-board-about-the-buyout-plan\/\"><em>AllThingsD<\/em> reports<\/a> that <a href=\"http:\/\/bgr.com\/2013\/03\/06\/dell-shareholder-revolt-361925\/\">famed activist investor Carl Icahn<\/a> says that there will be &#8220;years of litigation&#8221; ahead for <a href=\"http:\/\/bgr.com\/tag\/dell\">Dell<\/a> (<a href=\"http:\/\/finance.yahoo.com\/q?s=dell\">DELL<\/a>) if it goes through with its current buyout plan without making substantial changes. In particular, Icahn wants Dell to &#8220;pay a special dividend of $9 per share&#8221; to investors if they decide to vote down Dell&#8217;s proposed plan to go private later this year. Icahn says that this &#8220;proposed $9.00 special dividend gives Dell shareholders a total value of $22.81 per share, representing a 67% premium to the $13.65 per share price proposed&#8221; in the original plan. Of course, increasing the potential cost of the buyout by 67% would greatly complicate things for Dell, which has inked a delicate agreement with Silver Lake Partners, <a href=\"http:\/\/bgr.com\/tag\/microsoft\">Microsoft<\/a> (<a href=\"http:\/\/finance.yahoo.com\/q?s=msft\">MSFT<\/a>) and <a href=\"http:\/\/bgr.com\/2013\/02\/07\/michael-dell-buyout-details-321409\/\">several banks who are financing debt for the transaction<\/a>.<img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheBoyGeniusReport\/~4\/M4Ba1xLx1t4\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>There are probably days when Michael Dell regrets ever taking his company public. AllThingsD reports that famed activist investor Carl Icahn says that there will be &#8220;years of litigation&#8221; ahead for Dell (DELL) if it goes through with its current buyout plan without making substantial changes. In particular, Icahn wants Dell to &#8220;pay a special [&hellip;]<\/p>\n","protected":false},"author":7438,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-645793","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/645793","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/7438"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=645793"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/645793\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=645793"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=645793"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=645793"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}