Icahn sues Dell over ‘forced IPO conversion’ in planned deal with VMware


Carl Icahn is suing Dell Technologies over a planned deal with Palo Alto-based VMware.

The billionaire activist investor alleges in court documents that the computer manufacturer withheld key financial information related to a planned deal with VMware, of which Dell is already the largest shareholder.

“We believe this is a threat blatantly deployed in an attempt to coerce DVMT stockholders to vote in favor of the merger, or else risk the unknown consequences of the forced IPO conversion,” Icahn…

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