Dell Computers Considering Hiving Off VMware to Improve Market Value

Dell Computers Considering Hiving Off VMware to Improve Market Value

By Anna Domanska - Jun 24, 2020

Dell Technologies Inc. is planning to spin off its $50 billion stakes in VMware, a cloud computing giant, in a bid to improve its market value. Dell is considering some financial j

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Carl Icahn Invests $10 Million in ride-hailing startup Lyft

Carl Icahn Invests $10 Million in ride-hailing startup Lyft

By Carrie Ann - May 16, 2015

Carl Icahn has invested USD 10 million stakes in San Francisco-based Company – Lyft, a ride-hailing startup, with an aim to add momentum to its ride sharing services. Carl, a

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EBay To Lay Off 2,400 Jobs Ahead Of Possible Spinoff Of PayPal Business

EBay To Lay Off 2,400 Jobs Ahead Of Possible Spinoff Of PayPal Business

By Christy Gren - Jan 22, 2015

On Wednesday, eBay announced that it would slash 2,400 jobs or 7 percent of its workforce across its marketplaces, PayPal and enterprise businesses. The layoffs are expected to be

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Activist Investor Elliott Nominates Directors at Family Dollar

Activist Investor Elliott Nominates Directors at Family Dollar

By Carrie Ann - Oct 18, 2014

Paul Singer’s Elliott Advisors Ltd. revealed a 4.9 percent stake in Family Dollar Stores Inc., and is pushing America’s second largest retailer to sell to Dollar General Co

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Blackstone pulls out of race for Dell acquisition

Blackstone pulls out of race for Dell acquisition

By Anna Domanska - Apr 19, 2013

While the game is getting harder, Blackstone Group is rumored to have pulled out of a race for a Dell acquisition. Certainly, the good news on the matter has cheered up the remaini

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Carl Icahn Claims 13% Stake in Herbalife

Carl Icahn Claims 13% Stake in Herbalife

By Jay Raol - Feb 15, 2013

Billionaire investor Carl Icahn has informed that he owns a 13 percent stake in Herbalife Ltd due to the former public spat with rival Bill Ackman. Also the regulatory filing refle

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