Items tagged with Carl-Icahn

For years it seemed that every discussion on Apple's new product lines and innovation required mention of an eventual Apple iTV (this writer's moniker for such a device, and not to be confused with that amorphous not-a-TV Cupertino-created product with 'TV' in its name, Apple TV). The company had stylishly cracked digital music delivery, sold tens of millions of pretty mobile phones before finally working out how to offer reliable basic phone function via the device, and opened up the tablet market while managing to leech any retail stigma of the word 'pad' along the way. What lucrative consumer technology market was left for Apple to conquer? The Idiot Box! The Boob Tube! The Telly! Yes. Surely,... Read more...
After a drawn-out struggle that saw billionaire investor Carl Icahn fight against it (a struggle he eventually gave up on earlier this week), Michael Dell will buy out Dell for $24.9 billion. The company’s founder has now successfully taken his company private again. The deal will be for $13.75 per share with a 13-cent-per-share dividend, which is a dime per share higher than his original offer of $13.65 per share. The deal should close before Dell’s third fiscal quarter closes. In a statement, Michael Dell said, “I am pleased with this outcome and am energized to continue building Dell into the industry’s leading provider of scalable, end-to-end technology solutions.... Read more...