Carl Icahn has begun approaching investors in the hope of securing $5.2 billion in loans to back an alternative bid for PC maker Dell. Icahn is one of Dells largest and most vocal shareholders against the $24.4 billion buyout proposal. Michael Dell argues that the PC market is changing more quickly than anticipated, and in order to cater for shifting consumer demand, the PC maker has to go private. The company founder argues that Dell has to quickly transform into a. Enterprise Solutions and Services.”]
Source: https://informationsecuritybuzz.com/news/icahn-seeks-5-2-billion-loan-for-dell-buyout-deal/