Deals
Icahn’s Fast-Track Hearing on Dell Share Buyout Delayed
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Billionaire investor Carl Icahn will have to wait until Friday to ask a judge to fast-track his lawsuit against Dell Inc. as he tries to stop the computer maker’s buyout by founder Michael Dell.
Judge Leo Strine Jr. of Delaware Chancery Court today was to have heard arguments from Icahn’s attorneys for speeding up the suit, designed to head off a planned Sept. 12 shareholder vote on the $24.9 billion takeover. The hearing was postponed until 12:30 p.m. on Aug. 16, Kenneth Lagowski, a court administrator in Wilmington, said in an interview.