Dell, Silver Lake To Move Forward With Take-Private Deal

Law360, Los Angeles (September 10, 2013, 9:25 PM EDT) -- Michael Dell and Silver Lake Management LLC may have enough votes to move forward with their planned $25 billion leveraged buyout of Dell Inc., a day after activist investor Carl Icahn gave up his bid to raise the offer.

With Icahn out of the way, Dell and the private equity firm will move forward with a Sept. 12 shareholder vote to gain approval for the deal, the largest leveraged buyout since 2007, according to a report by Bloomberg News.

Icahn on Monday said he was throwing in...
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