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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