Breaking News Headlines: Carl Icahn Plays New Card In Dell Buyout Battle

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Breaking News Headlines: Carl Icahn Plays New Card In Dell Buyout Battle

Breaking News Headlines: Carl Icahn Plays New Card In Dell Buyout Battle
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Breaking News Headlines: Carl Icahn Plays New Card In Dell Buyout Battle

by Wochit 1:20 mins

Carl Icahn played a new card in his quest to wrest control of computer maker Dell from its founding CEO. Two days after Institutional Shareholder Services and two other proxy advisory firms endorsed a $24.4 billion leveraged buyout proposed by Michael Dell and the private equity firm Silver Lake, Icahn today urged shareholders to invoke a provision of Delaware that allows them to have second thoughts up to 60 days after the buyout has taken place. Medicare is proposing paying doctors for managing Medicare patients with multiple chronic conditions starting in 2015. In the meantime, a Medicare plan to deny an Eli Lily diagnostic test to patients unless they are enrolled in a clinical trial is decried by some Alzheimer's treatment advocates. Chief of the National Transportation Safety Board, Deborah Hersman, cautioned against jumping to any conclusion about what may be behind the crash of Asiana Airlines Flight 214 in San Francisco. "We're gathering factual information. We know a lot, and what we need to do is correlate all that information. We need to put it together and see what it tells us."

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