Is This Bad Or Good For Michael Dell?
Michael Dell and Silver Lake might have won a battle against Carl Icahn moving the buyout vote from Aug. 2 to Sept. 12, but they are losing the war. Yes, Michael Dell now has more time to sway shareholder to his side. But, business experts say that with each buyout vote delay, Dell's future gets murkier, creating uncertainty among channel partners and companies.
For Michael Dell personally, the delays hurt his image as a business leader. Michael Dell went from being a 20-something "wunderkind that couldn't do anything wrong" to a 40-something struggling businessman that can't rally support to take the company that he founded private, Doggett said.