Dell goes private (2013)
Founder Michael Dell teamed with investment firm Silver Lake to buy Dell for about $24.9 billion and take it off the market. Activist investor Carl Icahn fought the price as too low, and some holders demanded a court appraisal.
Dell raised its offer slightly and won a shareholder vote after a bruising fight.
A Delaware court later ruled the deal had undervalued the company, awarding dissenting holders more per share.
It shows how a founder buying back his own company draws scrutiny over whether public holders got a fair price.
