Activist investor Carl Icahn has bought a “medium-sized” stake in Palo Alto-based cloud computing giant VMware, signaling he might be wading into the company’s brewing fight over a reverse merger with Dell Technologies, CNBC reports, citing unnamed sources.
Icahn owns less than 5 percent of VMware’s total shares, falling below the threshold for public disclosure.
VMware shares jumped another 3 percent at the opening bell today on the news. Shares have gained 12 percent since Friday, after…
