| Jul 24, 2013
| 12:21 PM
Michael Dell, facing the possibility that he would lose the company he founded to billionaire Carl Icahn, announced a last-minute increase to his buyout offer.
Under the new proposal made public Wednesday, Michael Dell and investment firm Silver Lake...
| Jul 18, 2013
| 10:55 AM
Dell Inc. has postponed a shareholder vote on its $24.4-billion buyout plan, a sign that not enough investors were on board with founder and Chief Executive Michael Dell's bid to take the company private.
The PC maker delayed the vote Thursday...
| Jul 17, 2013
| 5:50 PM
Billionaire investor Carl Icahn said he’s had a change of heart about hedge fund manager Bill Ackman, with whom he’s engaged in a widely publicized rift about the merits of Los Angeles nutritional products company Herbalife Ltd.
| Jul 15, 2013
| 2:04 PM
With a shareholder vote just days away, T. Rowe Price, one of Dell Inc.'s major investors, reaffirmed its opposition to a $24.4 billion buyout offer for the personal computer manufacturer.
"We continue to believe the proposed buyout does not reflect the...
| Jul 12, 2013
| 1:14 PM
Billionaire Carl Icahn has again upped his bid for Dell Inc., this time by adding a warrant to his takeover plan.
Under the modified plan by Icahn and Southeastern Asset Management, shareholders would receive $14 a share and a warrant for every four...
| Jul 3, 2013
| 8:30 PM
| Jun 3, 2013
| 10:30 AM
| May 31, 2013
| 6:30 PM
| Apr 29, 2013
| 1:44 PM
Los Angeles nutritional products company Herbalife Ltd. reported $1.1 billion in first-quarter sales and profit that soundly beat analysts' expectations and its own guidance.
The company reported earnings of $118.8 million, or $1.10 a share, up from...
| Apr 10, 2013
This was the last thing Herbalife Ltd. needed.
Just as the Los Angeles company appeared to be regaining its footing from a Wall Street hedge fund manager's assault, the company's auditor resigned abruptly because of an alleged insider-trading scandal....
| Apr 9, 2013
| 8:53 AM
KPMG has resigned as Herbalife's auditor after the auditing firm fired a senior partner in its Los Angeles office because of an alleged insider-trading scheme.
"KPMG stated it had concluded it was not independent because of alleged insider trading in...