Dell Inc. (DELL) shareholders Carl Icahn and Southeastern Asset
Management Inc. named the twelve candidates they would propose for
the computer company's board of directors, including the
billionaire investor Mr. Icahn.
Monday's nominees also include investor Bernard Lanigan Jr., New
York City's Chief Information and Innovation Officer Rahul N.
Merchant and Icahn associate Daniel Ninivaggi. Others on the list
are Jonathan Christodoro and Gary Meyers, both of whom have been
previously nominated by Mr. Icahn for board seats in other
fights.
Mr. Icahn and Southeastern are attempting to fight the $24.4
billion sale of Dell to its founder and chief executive Michael
Dell and private-equity firm Silver Lake Partners. Last week, Icahn
and Southwestern proposed that instead of that deal, that the
company offer shareholders $12 in cash or stock and allow a portion
of Dell to remain trading.
If a special committee of Dell's board rejects their proposal,
they said, they will instead pursue a proxy fight to throw out the
entire board.
In that scenario, they have asked that the special committee let
shareholders vote on their board slate at the same time that the
Silver Lake deal is put to a vote.
Earlier Monday, the special board committee negotiating on
Dell's behalf asked for more information from Mr. Icahn and
Southeastern about their proposal.
Write to David Benoit at david.benoit@dowjones.com
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