(Reuters) - Activist investor Carl Icahn filed a lawsuit on Thursday to try to block Dell Inc from setting a new record date ahead of a crucial shareholders' vote, raising the stakes in a battle to derail a $24.4 billion (16.1 billion pounds) buyout of the world's No. 3 PC maker.
Icahn, who has urged fellow shareholders to reject Chief Executive Officer Michael Dell's and Silver Lake's offer to buy and take the company private, included a list of demands in his lawsuit, such as that the CEO and his affiliates be prevented from voting any shares bought after February 5.
Dell was not immediately available for comment.
I'm thinking TSRX could be taken private....it's an option, and one that would pay us at least $15.50 a share....seems to be a no brainer for a hedge fund to get involved in the bidding for TSRX.... the current bid is way too low, and they'll make a lof of money in a few years, and put Cubist in a real bind.. Let's Ride!