Deals
Dell’s Bidders Plan Computer Maker’s Future Without Founder
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Blackstone Group LP and billionaire Carl Icahn are offering to buy Dell Inc. without retaining Michael Dell as chief executive officer, spurring debate over whether the personal-computer maker would be better off without the entrepreneur who founded it three decades ago.
Dell said yesterday that it has received proposals from Blackstone and Icahn that may be superior to a $24.4 billion buyout plan from Silver Lake Management LLC and Michael Dell.