Billionaire activist investor Carl Icahn acknowledged defeat Monday in his bid to block the management-led buyout of Dell Inc.
Icahn, along with other disgruntled investors, had put the $24 billion-plus deal in doubt for much of the summer, forcing three delays of special shareholders meetings in July and early August.
The story you’re reading is premium content from the Austin American-Statesman. Subscribers get total access to all our in-depth news, digital editions and exclusive premium content. You can also buy a 24-hour digital pass or 7-day digital pass.
Read MyStatesman.com now — 24-hour digital pass99¢ for 24-hours
Read MyStatesman.com all week — 7-day digital pass$3.99 for 7-days
Subscribe to the Statesman for as little as 33¢ per dayView Offers
For Subscribers: Register your account for digital access.Access Digital
For Subscribers: Sign in here if you have already registered your account.Sign In