Plans to take PC maker Dell private by leveraging the company's balance sheet are misguided, CNBC's Jim Cramer said on "Squawk on the Street" Tuesday, because the company is facing lower margins and an increased competition from rival Hewlett Packard.
CNBC's Josh Lipton reports breaking news on Dell. Billionaire Carl Icahn proposed that Dell commence a tender offer for $1.1 billion at $14/share. He also announced a purchase of 72 million Dell shares from Southeastern Asset Management.
CHICAGO (Reuters) - William Nygren, a top manager at Oakmark Funds, said on Wednesday he remains bullish on Apple Inc and Bank of America Corp, but is still avoiding Dell Inc in light of the company's plans to take the computer maker private. Full story
CNBC's David Faber reports that a Dell special committee filed a presentation with the SEC supporting Michael Dell and Silver Lake's buyout offer.
In a wide-ranging interview, Henry Blodget, Business Insider CEO & editor-in-chief; and Steve Bertoni, Forbes associate editor, discuss a variety of topics, from Yahoo's move to buy Tumblr; Dell's takeover battle; to the IRS tax targeting scandal.
CNBC's Jon Fortt has Dell's quarterly numbers. Carr Lanphier, Morningstar, offers his perspective too.
It's a complicated deal at first glance, but really it boils down to how much faith current shareholders have in Dell's future, reports CNBC's Kate Kelly.
Carl Icahn is taking direct aim at Dell and Silverlake's $13.65 offer to take the company private, with Carr Lanphier, analyst at Morningstar, and CNBC's Herb Greenberg.
A man pushes a trolley full of Dell computers through a company factory in Sriperumbudur Taluk, in the Kancheepuram district of the southern Indian state of Tamil Nadu, in this June 2, 2011 file photograph. REUTERS/Babu/Files
Michael Dell Chairman and CEO of Dell Inc. arrives at the launch event of Windows 8 operating system in New York, in this October 25, 2012 file photo. Dell Inc's board is bending over backward to prevent any appearance of conflicts of interest as the founder and Chief Executive tries to lead a buyou
Michael Dell Chairman and CEO of Dell Inc. arrives at the launch event of Windows 8 operating system in New York, in this October 25, 2012 file photo. The money that private equity firm Silver Lake could receive if its $24.4 billion deal with Michael Dell to take private the eponymous PC maker fall