Carl Icahn enters the ring with new Dell bid

Carl Icahn enters the ring with new Dell bid:
Two of Dell's largest shareholders have made a new takeover bid for the struggling computer company that will challenge a previous offer from Silverlake and Michael Dell. Activist investor Carl Ichan and Southeastern Asset Management on Friday announced a new plan that would give current Dell shareholders the option keep their stock and receive either $12 per share in cash or $12 in additional shares valued at $1.65 per share. The offer counters a $24.4 billion bid led by Dell founder Michael Dell and private equity firm Silver Lake Partners to take the company private. Icahn and Southeastern hold a combined 13% stake in the company, compared to the 16% controlled by Dell and Silver Lake.

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