Icahn ends takeover battle for PC maker Dell

Associated Press
Icahn ends takeover battle for PC maker Dell

FILE - Dell founder Michael Dell, left, in a Jan. 26, 2011 file photo, and Carl Icahn, in an Oct. 7, 2007 file photo, are seen in a combination photo. cahn is giving up his bitter takeover fight for Dell Inc. a few days before shareholders are scheduled to consider the latest buyout offer from the struggling computer maker’s founder Michael Dell. Icahn said Monday, Sept. 9, 2013 in a letter to shareholders that he still thinks Michael Dell’s bid to take his company private undervalues the business and freezes shareholders out of any future gains. But Icahn also said it would be “almost impossible” to defeat that offer in a vote scheduled for Thursday. (AP Photos/Virginia Mayo, Mark Lennihan, File)

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