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AUG 05, 2013 - MarketWatch

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Icahn pushes legal action vs Dell board

SAN FRANCISCO (MarketWatch) - Carl Icahn on Monday said he has asked a Delaware court to expedite proceedings in connection with the billionaire investor's lawsuit against Dell Inc. and the company's board. Icahn, who is seeking to block Chief Executive Michael Dell's bid to take the company private, has filed a brief in which he argues that "the Dell Board has breached its fiduciary duties by taking the actions it disclosed late last week," according to a statement. Icahn also insisted that Dell should hold its special meeting and annual meeting "on the same date and time." Dell announced ... Read More

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