5 Companies That Came To Win This Week


Michael Dell Wins Backing For Buyout Bid

Influential proxy advisory firm Institutional Shareholders Services recommended this week that Dell shareholders accept CEO Michael Dell's $$13.65-per-share leveraged buyout offer to take his company private. The ISS recommendation was seen as giving Dell's $24.4 billion plan a boost over opposition from investor Carl Icahn, who has waged a campaign to wrest control of the company away from its founder.

In recent weeks Michael Dell's bid to take the company private had run into serious headwinds as the special committee on managing potential privatization and buyout deals was under pressure to consider alternatives.

 



Next Page