Icahn sweetens offer for Dell shares with warrants

Billionaire investor Carl Icahn is proposing that Dell shareholders get a chance to own a bigger stake in the struggling computer maker in hopes of thwarting an attempt by the company’s founder to buy it for $24.4 billion and take it private. Icahn, who owns a nearly 9 percent stake in Dell, now wants shareholders to receive warrants in addition to the cash he previously offered. Under his revised offer, Dell would “self-tender” 1.1 billion shares of its stock for the originally proposed $14 per...

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