BofA Business Capital Leads ABL Facility for Dell

BofA Business Capital led a $2 billion ABL facility for Dell. Proceeds will be used to help finance the acquisition of the company by Michael Dell and Silver Lake Partners.

November 22, 2013 Bank of America Business Capital | Dell | Michael Dell | Silver Lake Partners ABF Journal

Bloomberg: Icahn Loses Bid to Fast-Track Dell Lawsuit

Bloomberg reported that Delaware Chancery Court Judge Leo Strine Jr. denied Carl Icahn’s bid to speed up proceedings in a lawsuit against computer maker Dell.

August 19, 2013 Carl Ichan | Dell | Michael Dell ABF Journal

WSJ: Icahn, Dell Head to Court Over Shareholder-Voting Changes

The Wall Street Journal reported that a corporate-law tribunal is expected on Monday to fast-track Carl Icahn’s legal challenge to Michael Dell’s buyout for Dell, setting up a potential showdown between the two billionaires.

August 12, 2013 Carl Ichan | Dell | Michael Dell ABF Journal

Michael Dell, Silver Lake Increase Dell Purchase Price

The special committee of the board of Dell announced that it has entered into a revised definitive merger agreement with Michael Dell and Silver Lake Partners that increases the aggregate value to unaffiliated shareholders by at least $350 million.

August 5, 2013 Dell | Michael Dell | Silver Lake Partners ABF Journal

Icahn Sues Dell in Latest Attempt to Derail Buyout

Reuters is reporting that Carl Icahn has sued Dell and its board in his latest attempt to derail a $24.4 billion buyout bid by the computer maker’s founder and CEO Michael Dell.

August 2, 2013 Carl Icahn | Dell | Michael Dell ABF Journal

Bloomberg: Michael Dell, Silver Lake Boost Buyout Bid

Bloomberg reported that Michael Dell and Silver Lake Management increased their offer to buy Dell to $13.75 a share in an effort to win shareholder support.

July 24, 2013 Bloomberg | Dell | Michael Dell ABF Journal

Bloomberg: Icahn to Increase Dell Offer With Warrant

Bloomberg reported that Carl Icahn, in a bid to force Michael Dell to sweeten his $24.4 billion buyout proposal for Dell, said he’ll increase his offer for the PC maker by adding a warrant.

July 12, 2013 Bloomberg | Carl Icahn | Dell | Michael Dell ABF Journal

Reuters: Jefferies Sets Pricing on Loan for Icahn’s Dell Bid

Reuters reported that Jefferies & Co. defined price guidance on the $5.2 billion in term loans backing Carl Icahn’s bid for Dell.

June 25, 2013 Carl Icahn | Icahn | Jefferies & Co. | Michael Dell | Reuters story ABF Journal

WSJ: Dell CEO Presses Case for Buyout

The Wall Street Journal reported that Dell chairman and CEO Michael Dell made a personal pitch to shareholders supporting the proposed deal to buy the company from public investors.

June 24, 2013 Dell | Michael Dell | Wall Street Journal ABF Journal

WSJ: Dell Proceeds With Buyout Effort

The Wall Street Journal reported that Dell has filed proxy materials with the SEC regarding its proposed acquisition by Michael Dell and Silver Lake Partners, again arguing that going private is best for the company.

May 31, 2013 Dell Proceeds | Michael Dell | Silver Lake Partners | The Wall Street Journal ABFJ News