Reginal Thomas
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Icahn's Attempt To Speed Up His Lawsuit Was Blocked


Guru investor; Carl Icahn legal attempt to stop the $25 billion takeover of computer maker Dell Inc (NYSE:DELL) was shot down by a judge in Delaware. Icahn is suing the founder of Dell, Micheal Dell over a recent decision by the special committee to accept Dell and his partner private equity firm, Silver Lakes $25 billion dollar big to take the company private earlier this month, on the stipulation that the board count all absentee votes as yes towards his offer. 

Icahn owns a 8% stake in the company while Dell is the biggest share holder at 16%. The judges decision all but garentees Dell will be able to take the company private and hopefully revive the company behind closed doors.