[May 18, 2013] Dell committee seeks information on Icahn offer [Financial Express (India)] Tweet (Financial Express (India) Via Acquire Media NewsEdge) The special committee of Dell's board on Monday asked Carl Icahn for details of his plans for the computer maker, including how he would finance his offer and who would run the company. Last week Icahn and Southeastern Asset Management Inc offered $21 billion in cash for Dell, challenging founder Michael Dell's $24.4 billion bid to take the company private. Michael Dell and private equity firm Silver Lake want to take the company private for $13.65 per share, but stockholders, including Southeastern and T. Rowe Price, have complained that the offer severely undervalues the company. Instead, Icahn and Southeastern, two of Dell's biggest investors, proposed to give stockholders $12 of cash for every share they own, as well as allow them to keep their stock. Copyright 2013 The Indian Express Online Media Pvt. Ltd., distributed by Contify.com Credit: (c) 2013 The Indian Express Online Media Pvt. Ltd., distributed by Contify.com [ Back To TMCnet.com's Homepage ]