Icahn demands Dell pay $16 billion dividend to avert fight

A Dell computer logo is seen on a laptop at Best Buy in Phoenix,(Reuters) – Activist investor Carl Icahn is demanding Dell Inc pay out $ 15.7 billion in special dividends, joining a growing chorus of opposition to founder Michael Dell's plan to take the world's No. 3 personal computer maker private. The billionaire investor, whose arrival on the scene typically puts companies on guard, wants the PC maker to pay $ 9 a share in dividends immediately from its own cash and from raising new debt. …


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