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Michael Dell Wins $25 Bln Takeover

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Michael Dell Wins $25 Bln Takeover
AIRED:
Michael Dell finally can claim victory after shareholders approved his $25 billion bid to take Dell private. This ends the founder's 7 month battle along with ally Silver Lake Partners to take control of the PC company he founded in his college dorm room. After three postponements of the buyout vote, the outcome became clear this week when activist investor Carl Icahn withdrew his hostile bid due to court rulings that he said made it impossible for him to win.moreless
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