Dell Investors Choose Carl Icahn Over Michael Dell

Carl Icahn is making yet another dangerous bet. The hedge fund manager has acquired a six percent stake in Dell Inc. (NASDAQ:DELL) and is now trying to push the company from its private buyout. Dell founder Michael Dell and other investors agreed to buy the firm for $13.65 per share. At time of writing the firm’s stock was trading at $14.23.

This means that investors think Icahn can pull the deal off. Icahn has publicly stated that he thinks the firm’s stock is worth around $22. Dell Inc. (NASDAQ:DELL) investors...