Activist Icahn Blasts Dell Plan to Return to Public Markets
Activist investor Carl Icahn has come out against Dell’s plan to go public again
• The proposed transaction undervalues shares that track its stake in VMware, he argues
• The billionaire said he would solicit votes against the deal and potentially propose an alternative transaction allowing investors to cash out if they want
• Icahn also disclosed Monday that he had increased his stake in VMware tracking stock to 8.3 percent from 1.2 percent, making him its second-largest holder