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Dell Special Committee Backs Michael Dell Buyout Bid
DavidGilbert99 writes "In a surprising move, the special committee set up to decide which buyout offer was best for Dell has chosen to back the bid from founder Michael Dell, which promises the shareholders a smaller payday and will see him remain the head of the company."
Their SEC filing on the matter indicates they are not confident that Icahn's counter-offer would actually provide the promised $12/share dividend.
As has been pointed out in the past, he said that in 1997 when Apple was floundering as a result of all the delays to Copland and struggling as a result of their inability to introduce an OS for the PowerMacs that were as modern as Windows 95 and the various Unices. It wasn't until 2001 - 4 years later - that Apple had OS X, which surfaced on PowerMacs. So in the context of all that, Dell had said, when asked, that he would be probably one of the worst people to lead Apple, and that if he got the job, that's what he'd do.
Another case of taking a statement out of context, and applying it ridiculously. Something similar that used to be done to the late Ken Olsen of DEC
I worked for Dell tech support in Oklahoma City Oklahoma about 8 years ago. They have since expanded from one facility to three facilities in the area in addition to all the other US phone support campuses throughout the USA. They also provide support centers in South America and various parts of Europe and Asia to better serve their customers.