Dell going private through $25 billion buyout

Michael Dell has finally wrestled control of Dell, the company he founded, back from its shareholders. A board vote this morning ends month of speculation on whether it would approve Michael Dell's multibillion-dollar offer to take the company private. Dell's offer saw strong competition in the form of a counteroffer from "activist investor" Carl Icahn, but Icahn ultimately pulled the plug on his attempt, saying that it would be "almost impossible" to win today's shareholder vote.


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