(Reuters) – Billionaire investor Carl Icahn and Southeastern Asset Management Inc sweetened their takeover bid for Dell Inc on Friday, adding warrants they said would increase the offer to a range of $15.50 to $18.00 per share from $14.00.
The move is Icahn’s latest effort to block a $24.4 billion buyout offer, of $13.65 per share, from company founder Michael Dell and private equity firm Silver Lake.
Carl Ichan is preparing a higher bid for computer maker Dell. Again. What will he come up with now? $DELL
Silicon Valley startup YouSendIt, which began as a file sharing and storage company, is getting a corporate makeover. YouSendIt comes off, and Hightail gets papered on.
And that’s not the only change Chief Executive Brad Garlinghouse is making as he competes more directly with larger startups Dropbox and Box. Hightail will now offer unlimited storage for its paying customers, 90 percent of which are corporations and small businesses.
SAN FRANCISCO, July 10 (Reuters) – Apple Inc
couldn’t have been too surprised on Wednesday when a judge
slammed the company for violating antitrust laws over e-book
pricing – the judge had warned in May that she believed the
government could prove its case.
Accused of playing a central role in a conspiracy with
publishers to eliminate retail price competition and raise
e-book prices, Apple says it has done nothing wrong.