On 12 September, is scheduled the vote on Dell share buy , which was transferred three times and once subjected to changes in the rules of counting votes. Carl Icahn, who insisted on carrying out a partial redemption at a slightly higher price, could not prove in court that the amended regulations counting violate the interests of shareholders, then all attempts to somehow influence the situation they were discontinued.
As reported in an open letter to Carl Icahn himself, he and his supporters refuse further attempts to defeat Michael Dell in the struggle for control of the company he founded. Changes in voting, approved by the court, make any such attempts meaningless. In this case, the billionaire activist accuses Dell executives of understating the repurchase price of the shares, the numerous attempts to postpone the vote on this issue, as well as the desire to fit under the conditions of the voting interests. .
Icahn also complains about the shortcomings of U.S. laws that allow corporations to similarly manipulate the shareholders in their own interests. In an interview on CNBC Icahn admitted that he had almost reached an agreement with a man who could play the role of a new CEO after winning Dell opposition, but at the last moment he abandoned his intentions. Icahn prepared to congratulate Michael Dell on the phone with a victory and wish him good luck.