1. Investor Drops Case Against Dell's VMware Stock Swap Deal

    Investor Drops Case Against Dell's VMware Stock Swap Deal

    Activist investor Carl Icahn is throwing in the towel in his lawsuit against Dell Technologies, saying the litigation is "unwinnable" following a new VMware stock swap deal Dell unveiled Thursday which sweetened the offer for shareholders. "In connection with the revised deal, it appears that stockholders representing 17 percent of the stock have decided to switch over and support Dell...

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    1. I firmly believe Dell and Silver Lake are trying to capture $11 billion of value that rightly belongs to us, the DVMT stockholders. As such, I intend to do everything in my power to stop this proposed DVMT merger.
    2. Icahn's a big investor in Dell who doesn't like how the company is run or Michael Dell.
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