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Let’s make a Dell: Icahn revises plan, pushes $14-a-share offer

Let’s make a Dell: Icahn revises plan, pushes $14-a-share offer

Icahn doesn’t know how to quit.  The billionaire activist yesterday suddenly switched tactics in his high-stakes bid to upend an effort by Michael Dell and partner Silver Lake Management to take PC maker Dell Inc. private for $24.4 billion...   Full Story



Latest Business News

  • I like the way you look, and I've been fired. George Zimmer out at Men's Wearhouse

    I like the way you look, and I've been fired. George Zimmer out at Men's Wearhouse

    Men's Wearhouse Inc. has dismissed its founder and executive chairman George Zimmer. In a terse release issued Wednesday, the company didn't give a reason for the abrupt firing of Zimmer, who built Men's Wearhouse from one small Texas store using a...   10:39 AM

  • Dish exits Sprint for Clearwire

    Dish exits Sprint for Clearwire

    Charlie Ergen’s Dish Network said yesterday it would abandon its pursuit of wireless provider Sprint and instead focus on a tender offer for Clearwire.  Dish said that it wouldn’t make last night’s deadline to submit a revised offer for Sprint,...   12:50 AM

  • Déjà vu all over again: Bill blasts Herbalife

    Bill Ackman is back on the Herbalife attack.  The hedge-fund manager — who took a $1-billion short against Herbalife’s shares last year — reiterated...  

  • Stuy hikes nixed

    More than 1,000 furious tenants at the Stuyvesant Town-Peter Cooper Village housing complex were saved from mid-lease rent increases yesterday after...   3:08 AM

  • Sotheby’s auctions off its headquarters

    Going once, going twice, sold — and leased back.  At least that’s the plan, we’ve learned, for Sotheby’s current Upper East Side world headquarters. We...   10:39 AM

  • Bankroller to roll film

    Legendary Entertainment, the company that financed “Man of Steel” and the “Dark Knight” movies, is talking to “everybody” in Hollywood about a new...   12:57 AM

  • ‘Candy’ is dandy, IPO at hand-y

    The UK-based makers of “Candy Crush Saga” are reportedly planning a sweet deal for investors. King, the online gaming company also known as Midasplayer...   12:57 AM

  • Business briefs

    Free for now Level Global Investors co-founder Anthony Chiasson and former Diamondback Capital Management portfolio manager Todd Newman, sentenced to...  

  • USTA isn’t feelin’ the love for Williams doc

    USTA isn’t feelin’ the love for Williams doc

    Don’t slam professional tennis.  That’s the message being served by the United States Tennis Association, which is suing the makers of a new documentary on Venus and Serena Williams for copyright infringement, claiming they used unflattering...  

  • Ackman blisters Herbalife

    Ackman blisters Herbalife

    Bill Ackman attacked a recent survey that Herbalife says refutes allegations that it is a pyramid scheme and reiterated his call for an investigation of the company.  Ackman’s Pershing Square hedge fund said that the Nielsen survey funded by the...  

  • Devils looking at angel investors

    The New Jersey Devils must have a guardian angel. The National Hockey League is in talks with two investors about taking a minority stake in the money...  

  • Pork ‘chop’ squeal: Starboard objects (again) to a company move

    Pork ‘chop’ squeal: Starboard objects (again) to a company move

    Move over, Carl Icahn: There’s a new troublemaker in town.  Jeff Smith, the CEO of $1 billion hedge fund Starboard Value — while much more low-key than the tough-talking, Far Rockaway-bred Icahn — is nonetheless fast becoming one of the most...  

  • Glamour gains a new boss

    Glamour gains a new boss

    Connie Anne Phillips, a star publisher at Time Inc.’s InStyle until just recently, is returning to Condé Nast, where she will take over for Bill Wackermann as publisher of Glamour magazine.  Wackermann — a “Mr. Fix It” who didn’t quite get the job...  

  • Apple beat up publisher: US

    Apple threatened to keep the books from one publisher off its iPad because the company wouldn’t agree to all of its demands, a federal court judge was...  

  • A Netflix ‘Dream’

    Stock-market darling Netflix jumped 7.1 percent yesterday on an exclusive multiyear deal for a slate of new TV series from “Shrek” creator DreamWorks...  

  • Fund$ for Fullscreen

    Fullscreen, a digital media company that operates 10,000 YouTube channels, is getting an influx of cash — a reported $30 million — to fuel its...  

  • Business briefs

    Sprint suit Sprint has asked the Delaware Court of Chancery to prevent the consummation of the Dish tender offer for Clearwire, saying it violates...  

  • Devils again sliding into financial mess

    Devils again sliding into financial mess

    The New Jersey Devils are again skating on very thin financial ice, The Post has learned. The team’s cash-strapped owner, less than six months after restructuring its debt, has missed an interest payment and now risks defaulting on its new loan, a...  

  • Fullscreen YouTube channel gets Chernin-led cash infusion

    Fullscreen YouTube channel gets Chernin-led cash infusion

    The picture is getting brighter for YouTube network Fullscreen.  The digital media company, which operates thousands of channels on Google’s video-sharing site, is getting an influx of cash to fuel its expansion.  The Chernin Group, headed by media...  

  • Tweets too unsweet for Kass

    Hedge-fund manager and popular markets commentator Doug Kass has turned in his Twitter membership, saying he can no longer take the “haters.”  ...  

  • Chill factor

    Chill factor

    Most popular songs  1. Blurred Lines, Robin Thicke 2. We Can’t Stop, Miley Cyrus 3. Get Lucky, Daft Punk 4. Can’t Hold Us, Macklemore + Ryan Lewis 5. Radioactive, Imagine Dragons 6. Come & Get It, Selena Gomez 7. Just Give Me a Reason, Pink 8. We...  

  • Tony Playland sets Rockaway revival complex

    The Rockaways scene is getting increasingly upscale. Playland Motel, with a tony restaurant and pizza place, is set to open in a few weeks, Side Dish...  

  • On the wet side

    It’s time to feel the spray of the sea or to hear the squeal of the reel when a big fish catches your line. For the best in summer water fun, read on....  

  • NYC chieftains win pay proxy powwow

    In New York City it pays to be the boss — and how.  Chief executives of 12 companies in the Big Apple are paid five times or more than the median of...  

  • Business briefs

    China trouble A top Fitch Ratings director in Beijing warned of a credit bubble in China, saying, “There is no transparency in the shadow banking...  

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