ROUND ROCK, Texas (AP) — A special committee of Dell's board has agreed to an increased offer from founder Michael Dell that would add a special dividend for shareholders.
The struggling computer maker said Friday that a group led by its founder and investment firm Silver Lake Partners will tack a one-time shareholder payout of 13 cents per share to an offer they made last week to buy the company for $13.75 per share. The new offer also guarantees that the company's third-quarter dividend of 8 cents per share will be paid at or before the closing.
40. Icahn files lawsuit over latest Dell buyout offer - Friday, August 02, 2013
Activist investor Carl Icahn is suing Dell to prevent the PC maker from changing crucial details of a buyout offer from founder Michael Dell that Icahn stridently opposes.
Icahn's complaint seeks to prevent the company from setting a new record date for a special meeting at which shareholders will vote on an offer that Dell recently raised.41. S&P 500 crosses 1,700 points for the first time - Friday, July 26, 2013
NEW YORK (AP) — Stocks rose Thursday morning after an encouraging employment report, sending the Standard & Poor's 500 index above 1,700 points for the first time.
The S&P 500, which investors follow closely as a gauge for the rest of the market, was up 18 points in early trading, or 1.1 percent, at 1,704.
42. Dell committee rejects Michael Dell voting change - Friday, July 26, 2013
ROUND ROCK, Texas (AP) — A Dell board committee has rejected a voting rule change Michael Dell attached to an increased buyout offer for the struggling PC maker he founded.
A group led by Michael Dell and the investment firm Silver Lake Partners last week raised its bid to buy out Dell Inc.'s other shareholders by a dime, to $13.75 per share. As part of that offer, the group said the bid's fate must be decided only by the shareholders who choose to vote either for or against the plan.43. Icahn contests condition in latest Dell offer - Friday, July 26, 2013
Billionaire investor Carl Icahn is warning that the latest offer from Dell's founder to buy the struggling computer maker bypasses an important shareholder safeguard.
Icahn and the investment firm Southeastern Asset Management said in a letter to a special committee of Dell Inc. board members that Michael Dell wants to circumvent the voting process behind the deal by preventing stockholders from passively dissenting on the offer.
44. Dell's founder boosts offer to buy the company - Friday, July 19, 2013
NEW YORK (AP) — A group led by Dell's founder raised its offer for the struggling computer maker Wednesday in hopes of attracting more shareholder support for its plan to take the company private.45. Choices: Closer look at 2 plans for Dell's future - Friday, July 19, 2013
Dell Inc. has delayed Thursday's vote on founder Michael Dell's plan to take the computer maker private. That's a sign the board needs more time to rally support. Activist investor Carl Icahn and the Southeastern Asset Management fund, which own 13 percent of the company combined, have made a competing proposal.46. Dell delays buyout vote, signaling lack of support - Friday, July 19, 2013
ROUND ROCK, Texas (AP) — Michael Dell believes he can revive the company bearing his name if his group of investors can buy it for $24.4 billion. But that deal is in danger of falling apart, increasing the chances that the personal computer giant's founder might not be CEO much longer.47. Dell delays vote on buyout in sign it lacks support - Friday, July 12, 2013
ROUND ROCK, Texas (AP) — Dell has delayed Thursday's vote on founder Michael Dell's plan to take the slumping computer maker private in a sign the board needs more time to rally support.
Dell called a special shareholders meeting to order, then quickly adjourned it without a formal vote of the $24.4 billion buyout offer from Michael Dell and a group led by investment firm Silver Lake. It was rescheduled for July 24 at the company's headquarters in Round Rock, Texas.
48. Shareholders voting on $24.4 billion Dell buyout - Friday, July 12, 2013
DALLAS (AP) — Dell Inc. is making a late push to win shareholder support for founder Michael Dell's plan to take the slumping computer maker private, an indication that Thursday's scheduled vote could be close.49. Icahn sweetens offer for Dell shares with warrants - Friday, July 12, 2013
NEW YORK (AP) — Billionaire investor Carl Icahn is offering Dell shareholders a chance to own a bigger stake in the company in hopes of thwarting an attempt by Dell's founder to buy it and take it private.50. Icahn to seek court appraisal of $24.4B Dell deal - Friday, July 05, 2013
NEW YORK (AP) — Billionaire investor Carl Icahn says he will ask a Delaware judge to assess whether a proposed $24.4 billion acquisition of Dell represents a fair price for the struggling personal computer. It is Icahn's latest attempt to wrangle a higher offer from buyout group that includes company CEO Michael Dell.51. ISS recommends vote for Dell founder's offer - Friday, July 05, 2013
NEW YORK (AP) — A top proxy advisory firm is recommending that Dell shareholders vote in favor of a deal that would allow the company's founder and an investment firm to buy the computer maker and take it private.52. Grocers allege potato group pumped up spud prices - Friday, June 14, 2013
BOISE, Idaho (AP) — A battle between grocers and potato growers has been silently hitting shoppers' pocketbooks, according to a U.S. wholesaler accusing America's spud farmers of driving up prices while spying on farmers with satellites and aircraft fly-overs to enforce strict limits on how many tubers they can grow.53. NSA contractor risks steep jail time for data leak - Friday, June 07, 2013
WASHINGTON (AP) — The man who gave classified documents to reporters, making public two sweeping U.S. surveillance programs and touching off a national debate on privacy versus security, has revealed his own identity. He risked decades in jail for the disclosures — if the U.S. can extradite him from Hong Kong where he says he has taken refuge.54. Baker Donelson adds to govt. regulatory group - Friday, June 07, 2013
Carol Owen has joined Baker Donelson as a shareholder and a member of the firm’s Government Regulatory Actions Group.
Owen will concentrate her practice on complex litigation and operations/risk management. She has key experience in environmental and financial services litigation and has worked with health care companies, manufacturers, financial services providers and waste management companies through complex litigation.55. Dell board recommends Michael Dell buyout offer - Friday, May 31, 2013
The board at Dell said that a takeover bid led by the company's founder and CEO is in the best interest of the slumping PC maker's shareholders and asked them to approve the deal when it's put to a vote in July.56. Dell's dismal 1Q illuminates PC maker's challenges - Friday, May 17, 2013
ROUND ROCK, Texas (AP) — Dell's first-quarter earnings plunged 79 percent as the shift to smartphones and tablets reduced demand for the company's personal computers.
The dismal performance announced Thursday actually might work to Dell Inc.'s advantage. That's because Dell's board is trying to persuade shareholders to accept a $24.4 billion buyout offer from CEO Michael Dell and other investors.57. Dell raises intrigue by rescheduling 1Q report - Friday, May 10, 2013
ROUND ROCK, Texas (AP) — Struggling personal computer maker Dell will report its latest quarterly earnings ahead of schedule in a move likely to spur speculation that the results will be dismal.
The schedule change announced Tuesday means Dell Inc. will release its fiscal first-quarter earnings after the market close this Thursday. The Round Rock, Texas, company had planned to report the results on May 21.58. Dell board committee seeks more info on Icahn plan - Friday, May 10, 2013
Dell board members say they need more details from investor Carl Icahn if he wants them to seriously consider his latest challenge to Michael Dell's $24.4 billion plan to take the computer maker private.59. Icahn, Southeastern challenge Dell takeover plan - Friday, May 10, 2013
Dell's largest independent shareholder has teamed with activist investor Carl Icahn in another challenge to founder Michael Dell's $24.4 billion bid to take the struggling computer maker private.
Southeastern Asset Management and Icahn said in a letter sent Thursday to the Dell Inc. board that they want to let shareholders keep their stock and give them either $12 per share in cash or additional shares in a deal that keeps the company publicly traded. They said this would give shareholders a stake in future gains made by the Round Rock, Texas, company.
60. Microsoft touching up Windows 8 to address gripes - Friday, May 03, 2013
SAN FRANCISCO (AP) — Microsoft is retooling the latest version of its Windows operating system to address complaints and confusion that have been blamed for deepening a slump in personal computer sales.61. Blackstone drops out of race to buy Dell - Friday, April 19, 2013
Buyout specialist Blackstone Group LP is dropping its effort to acquire Dell as the computer maker faces slumping sales in personal computers and worsening financial projections.
Blackstone and its partners said that because of those challenges, which surfaced after their bid was submitted last month, they have dropped a plan to buy most of Dell's outstanding stock for $14.25 per share. A letter from the group to a special committee of Dell board members was dated Thursday and disclosed Friday.62. Stocks recover slightly, ending tough week - Friday, April 19, 2013
NEW YORK (AP) — Strong earnings from a pair of technology giants helped the stock market recover some of its losses Friday, a positive end to Wall Street's worst week in five months.
Microsoft and Google both beat earnings expectations, yields of government bonds ticked up and copper — a key industrial metal — continued its fall, losing 2 percent.
63. Vanderbilt’s Kinch to lead Tennessee Nurses Association - Friday, April 19, 2013
Jill Kinch, MSN, APN, advanced practice nurse team manager for Perioperative and Procedural Services at the Monroe Carell Jr. Children’s Hospital at Vanderbilt, has been appointed president of the Tennessee Nurses Association (TNA).64. Dell, Icahn agree on a share ownership cap - Friday, April 12, 2013
Dell Inc. and Carl Icahn have agreed to cap his stake in the personal computer maker while the panel considers competing takeover bids from the billionaire investor, a group led by CEO Michael Dell and buyout specialist Blackstone Group.65. PC outlook darkens as sales slump deepens in 1Q - Friday, April 05, 2013
SAN FRANCISCO (AP) — The ailing personal computer market is getting weaker, and it's starting to look as if it will never fully recover as a new generation of mobile devices reshapes the way people use technology.66. Get started before graduation - Friday, April 12, 2013
It’s always been easy to get a job out of college if mom or dad is chairman of the board.
It’s even easier if the graduate is chairman.
The experiential learning trend on university campuses fosters the career aspirations of students by helping individuals create their own companies and nonprofits – sometimes before graduation – by focusing on finding suitable internships and through course integration.67. Major Dell shareholder favors recent buyout offers - Friday, April 05, 2013
MEMPHIS (AP) — A major Dell shareholder is urging the slumping personal computer maker's board to scrap a $24.4 billion deal to sell the company to a group including CEO Michael Dell and pursue two competing bids instead.68. SAC Capital portfolio manager arrested in NYC - Friday, March 29, 2013
NEW YORK (AP) — A senior portfolio manager for one of the nation's largest hedge funds was arrested Friday, accused of making $1.4 million illegally in a widening insider trading probe involving an investment company founded by billionaire businessman Steven A. Cohen.69. Dell drama takes new twist with 2 new buyout bids - Friday, March 22, 2013
SAN FRANCISCO (AP) — The two new suitors pursuing Dell have a message for Wall Street: Don't allow Michael Dell to hoard potential gains from the PC maker's expansion into more profitable technology products and services.70. US stocks fall on broad concern about Europe - Friday, March 22, 2013
Stocks reversed an early rise on Wall Street Monday as traders returned to worrying about the European economy.
Optimism about a deal to prevent financial collapse in Cyprus had briefly pushed the Standard & Poor's 500 index to within a quarter-point of its record closing high, but stocks soon turned negative.71. Deal to sell Dell may be about to face competition - Friday, March 22, 2013
SAN FRANCISCO (AP) — Is Michael Dell's attempt to gain more control over his company about to turn into a financial tug-of-war?
The answer could come Friday. That's the end of a 45-day period that Dell Inc.'s board of directors set to allow for offers that might top a Feb. 5 deal to sell the personal computer maker to CEO Michael Dell and a group of investors for $24.4 billion.72. Icahn signs confidentiality agreement with Dell - Friday, March 08, 2013
Billionaire investor Carl Icahn, who is fighting Dell Inc. founder Michael Dell's plan to take the struggling company private, is entering into a confidentiality agreement that would give him access to the computer maker's financial records.73. Stocks creep up; Dow rises for seventh day running - Friday, March 08, 2013
NEW YORK (AP) — The stock market crept higher Monday, pushing the Dow Jones industrial average to its seventh straight day of gains.
Boeing was the Dow's top stock, surging 2 percent. A Boeing executive reportedly said he's confident the aircraft maker has figured out a fix for the battery problems that have grounded the 787 Dreamliner.74. Icahn proposes alternative to Dell buyout - Friday, March 01, 2013
Billionaire investor Carl Icahn wants Dell Inc. to remain a public company and proposed rewarding shareholders with a large dividend payment instead of becoming private in a $24.4 billion buyout.
He says the amount being offered by a group led by Dell founder and CEO Michael Dell substantially undervalues the slumping PC maker.75. Dell committee defends $24.4B sale as best choice - Friday, March 01, 2013
SAN FRANCISCO (AP) — The Dell Inc. committee that negotiated the slumping PC maker's $24.4 billion buyout is standing behind the deal despite the misgivings of major shareholders who believe the price is too low.76. Home Depot leads Dow average higher - Friday, February 22, 2013
NEW YORK (AP) — A jump in home sales and strong earnings from Home Depot helped the Dow claw back more than half of its losses from Monday. Improving consumer confidence also brought back buyers to the market.77. Dell earnings down 31 percent in 4Q - Friday, February 15, 2013
ROUND ROCK, Texas (AP) — Dell Inc. on Tuesday posted another quarter of declining sales and profits, the type of results that have disenchanted shareholders and prompted a buyout agreement.78. Dow closes near all-time high - Friday, February 15, 2013
NEW YORK (AP) — Talk of more deal-making sent the stock market higher Tuesday, putting the Dow Jones industrial average within close reach of its all-time high.
Reports that retailers Office Depot and OfficeMax are discussing a merger came after big corporate deals for Heinz and Dell were announced in recent weeks. Some investors are betting that more deals could be on the way as buyers pay premium prices for publicly traded companies.79. Merger activity stirs on Wall Street - Friday, February 15, 2013
NEW YORK (AP) — Companies are buying each other again.
This year was shaping up to be one of the biggest for mergers and acquisitions since 2007. Then, on Thursday, two more blockbuster deals were announced: A $11 billion merger between American Airlines and U.S. Airways, and a $23 billion takeover of ketchup maker H.J. Heinz Co. by a group including billionaire Warren Buffett.80. Reduced Midstate role lessens impact of Dell move to buy back stock - Friday, February 15, 2013
It’s hard to say what impact the planned $24 billion leveraged buyout of Dell will have on the computer giant’s Middle Tennessee operations, a Morningstar analyst says.
But one thing is for sure: Any potential impact has been lessened because Texas-based Dell already has reduced operations in both Davidson and Wilson counties over the past several years.81. Dell looks to calm shareholder concern over buyout - Friday, February 08, 2013
NEW YORK (AP) — Dell is trying to reassure shareholders about its proposed $24.4 billion acquisition by a group led by its founder, saying it considered a number of strategic options before agreeing to the deal.82. Dell's founder strikes deal to turn it around - Friday, February 01, 2013
NEW YORK (AP) — It's easy to forget now, but Michael Dell was the Mark Zuckerberg of his day.
Hailed as a young genius, he created the inexpensive, made-to-order personal computer in his University of Texas dorm room and sold it straight to the public. In the 1980s and '90s, his face appeared on magazine covers, and well before he turned 40, he was a college dropout-turned-billionaire CEO, ranked alongside Bill Gates and Steve Jobs.83. Dell to go private in $24.4B deal led by founder - Friday, February 01, 2013
SAN FRANCISCO (AP) — Slumping personal computer maker Dell is bowing out of the stock market in a $24.4 billion buyout that represents the largest deal of its kind since the Great Recession dried up the financing for such risky maneuvers.84. Stocks rebound on home prices, earnings; Dow closes up 99 - Friday, February 01, 2013
NEW YORK (AP) — The stock market bounced back Tuesday following a surge in U.S. home prices and signs of recovery in Europe's economy. Strong earnings reports also helped power the gains.
The Dow Jones industrial average ended the day 99.22 points higher at 13,979.30, erasing a large part of its loss from Monday. The index traded above 14,000 during the day before falling back in the last hour.85. Reports: Microsoft may invest in Dell buyout - Friday, January 18, 2013
NEW YORK (AP) — Microsoft has joined the negotiations to buy struggling computer maker Dell, according to media reports.
Both CNBC and The Wall Street Journal reported that Microsoft Corp. may invest some of the money needed to take Dell Inc. private after 25 years as a publicly traded company. Tuesday's stories cited unidentified people familiar with the negotiations.86. Stocks edge higher as retailers rally - Friday, January 11, 2013
NEW YORK (AP) — Stocks edged higher on Wall Street after a rally in retail stocks offset concerns about flaring tensions in Washington over increasing the country's borrowing limit.
The Dow Jones industrial average ended the day up 27.57 points at 13,534.89. The Dow moved higher in the late afternoon after being down as much as 62 points in the early going.87. Stocks little changed on Wall Street; Apple slides - Friday, January 11, 2013
NEW YORK (AP) — Apple held down the Standard & Poor's 500, pushing it further below the five-year high it reached last week, after the technology giant's stock sank following a report that demand for the iPhone 5 may be weaker than expected. The Dow Jones industrial average edged higher.88. Stocks soar on Black Friday; tech leads the way - Friday, November 23, 2012
The stock market enjoyed some Black Friday cheer, rising sharply as shoppers braved the annual post-Thanksgiving rush. Major stock indexes closed one of their best weeks of the year.
Traders were encouraged by positive economic news from Germany and China, two engines of global growth. Technology stocks soared after a few weeks of selling. And early reports from retailers suggested strong consumer spending.89. Stocks finish higher on optimism over budget talks - Friday, November 16, 2012
NEW YORK (AP) — Optimism that President Barack Obama and Congressional leaders will reach a deal on the budget deficit and avoid the "fiscal cliff" helped stocks notch their first advance in four days.90. Windows 8 event a subdued affair, theatrics absent - Friday, October 26, 2012
NEW YORK (AP) — For a company that has launched products with Ringo Starr, Paul McCartney and Jay Leno — and has even paid to light up the Empire State Building in its signature colors — Microsoft's unveiling of Windows 8 on Thursday was a subdued affair.91. Taiwan company fined $500 million for LCD price fixing - Friday, September 21, 2012
SAN FRANCISCO (AP) — A Taiwanese company was fined $500 million Thursday and its former president and executive vice president were each sentenced to three years in prison for their leading roles in a global LCD screen price-fixing conspiracy.92. US demanding harsh penalties for price fixers - Friday, September 14, 2012
SAN FRANCISCO (AP) — The U.S. Department of Justice is demanding that a "remorseless" Taiwanese company pay a $1 billion fine and two former top executives each serve 10 years in prison for their roles as central figures in what prosecutors called the most serious price-fixing cartel ever prosecuted by the U.S.93. Events - Friday, September 14, 2012
Free Legal Seminars at People’s Law School. Today's class covers “What to Do If You Owe Money or Returns to the IRS: Instructors will focus on questions and problems associated with taxes and the IRS.” Individuals can register for one or several classes through Nov. 15 on a variety of topics, including:94. Stocks climb from lows after Fed signals help - Friday, August 17, 2012
NEW YORK (AP) — Investors drew some comfort Wednesday from signals that the Federal Reserve is worried about the slow pace of the U.S. economic recovery feels more urgency about providing help.95. Events - Friday, August 03, 2012
Home-Staging Professional Course. Students can earn the ASP designation by attending this two-day course Aug. 14-15. Topics covered include improving your listing presentation, overcoming client objections to staging, marketing ideas and a staging techniques detailed lecture. Students will also view a slide show of before and after photos of what can be accomplished through staging and experience staging a home on the market with other class participants. After taking the course, agents will be able to market staging to their clients and provide better suggestions of ways to improve the home for listing presentation. 9 a.m.-5:30 p.m., Greater Nashville Association of Realtors, 4540 Trousdale Drive. Lunch provided. Information: gnar.org, 254-7516.96. Top residential real estate transactions for June, 2012 - Friday, July 20, 2012
June 2012 real estate transactions for Davidson, Williamson, Rutherford, Wilson and Sumner counties, as compiled by Chandler Reports.
Chandler Reports has been publishing Real Estate Market Data since 1968. That year, Chandler began collecting residential sales information for the Chandler Residential Report, considered the authoritative source for residential real estate sales information. Over the next three decades, the publications have been continually refined, enhanced and expanded, growing to include lot sales data, new residential construction and absorption information, and commercial sales. In 1987, Chandler Reports began one of the first on–line real estate market data services in the country, and is a nationally recognized leader in the industry. In 2004, Chandler Reports was purchased by The Daily News Publishing Co. In 2007, Chandler introduced RegionPlus, including property research for Nashville and Middle Tennessee. Visit online at chandlerreports.com.97. Dell buying Quest Software for $2.36 billion - Friday, June 29, 2012
ROUND ROCK, Texas (AP) — Dell is buying Quest Software for about $2.36 billion, ending recent speculation about who the unnamed bidder was in a battle for the company with investment firm Insight Venture Partners.98. Sharing tourism’s wealth - Friday, June 29, 2012
Sure, Nashville is major national tourist destination that attracts more than 11 million annually. But surrounding counties are in the process of building tourist empires of their own, using ever-increasing tourist-related tax revenues to strengthen their communities.99. Internet group picks little-known executive as CEO - Friday, June 22, 2012
NEW YORK (AP) — A businessman with experience in building consensus will be the next CEO of the Internet agency in charge of contentious policies surrounding Internet addresses.
The Internet Corporation for Assigned Names and Numbers, which is pushing through a major change in the way Web and email addresses are structured and assigned, announced Fadi Chehade's appointment Friday. He will replace former U.S. cybersecurity chief Rod Beckstrom as chief executive.100. Microsoft's 'Surface' tablet aims for productivity - Friday, June 15, 2012
LOS ANGELES (AP) — Microsoft unveiled a new tablet computer, Surface, that attempts to take advantage of one of the few criticisms of Apple's iPad — that it is better for consuming content than creating it.