Sunday, 31 August 2014
Last updated 1 day ago
Jun 18 2013 | 10:58am ET
Carl Icahn appears likely to abandon his bid to take control of computer-maker Dell Inc. as the company's results continue to deteriorate.
Icahn and Southeastern Asset Management have proposed a leveraged recapitalization of the company, in opposition to a proposed $24.4 billion buyout of Dell led by company founder Michael Dell and private-equity firm Silver Lake Partners.
Icahn and Southeastern have blasted that buyout—which goes to a shareholder vote next month—as "the great giveaway." But the two, which have already lined up $5.2 billion in financing, are worried about having to find another $2 billion to buy a company with such bad numbers, CNBC reports.
Dell said earlier this month that there was a $3.9 billion funding shortfall in Icahn's plans.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...