Dell take-private battle (2013)
Founder and CEO Michael Dell offered to buy Dell Inc. with private equity firm Silver Lake at $13.65 a share. Investor Carl Icahn and others attacked the price as too low and pushed a rival plan. A special committee ran the contest.
Dell raised his bid to $13.75 plus a special dividend and won a shareholder vote.
The fight became a standard example of the conflicts when a CEO tries to buy his own company.
Like Mizrahy, Dell was both the boss and a buyer, forcing a special committee to weigh a rival's higher offer.
