Matt Levine, Columnist

Carl Icahn Wants to Fight Dell Again

Also Robinhood, Uber, crypto custody and pre-dating.

October 16, 2018 at 11:28 AM EDT

Matt Levine is a Bloomberg Opinion columnist. A former investment banker at Goldman Sachs, he was a mergers and acquisitions lawyer at Wachtell, Lipton, Rosen & Katz; a clerk for the U.S. Court of Appeals for the 3rd Circuit; and an editor of Dealbreaker.

Before it’s here, it’s on the Bloomberg Terminal

LEARN MORE

Icahn v. Dell II.

In 2013, Michael Dell and his private-equity backers at Silver Lake took Dell Inc. private for about $25 billion. A lot of investors, and for a while a Delaware court, thought that the price was too low, and that Michael Dell had sandbagged investors by giving them a pessimistic view of Dell’s prospects so that he could buy it cheaply himself. Arguably those complaints turned out to have some merit, as Dell has done very well in private hands and is now looking to return to the public markets.

Before it’s here, it’s on the Bloomberg Terminal

LEARN MORE