Michael Dell, one year after taking company private
He's just pleased to have his namesake firm to himself
Add BT as a preferred source
New York
A YEAR after spending US$24.9 billion taking his computer company private, Michael Dell is gleeful to have his namesake firm to himself. And to be done with Wall Street.
"This morning on the treadmill I was watching Bloomberg and CNBC, all the circus clowns," Mr Dell said in a recent interview. His disdain for investment advice as entertainment is obvious - so obvious that no one should have been surprised that to get away from Wall Street's influence, Mr Dell endured a monthslong, often personal campaign for a higher shareholder buyout price by corporate raider Carl Icahn.
TRENDING NOW
Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan
Simba ordered to pay S$700,000 in damages to indoor skydiving operator Altitude Xperience for trespass
What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future
As luxury retail goes big, can Singapore’s Orchard Road keep up?
