REPORT: Carl Icahn Is Snapping Up A BIG Position In Dell, And Will Oppose The Buyout Deal

Carl Icahn

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CNBC’s David Faber reports that billionaire activist investor Carl Icahn is amassing a huge position in Dell.  According to CNBC, citing unnamed trading sources, Icahn is said to have as much as a 100 million share position, or about a 6% stake.

He’s expected to file a 13D form, CNBC reported.

He is likely to oppose the Dell deal, according to CNBC.

He has also spoken to Dell’s special committee urging them to pursue a leveraged recap and pay a special dividend, CNBC reported citing their unnamed sources. 

The stock was last trading up about 1%.

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