Icahn refuses to drop proxy fight option: WSJ

(Reuters) - Billionaire investor Carl Icahn is refusing to drop the option of a proxy fight to force Dell Inc to pay a big dividend, in spite of the board committee's request that he drop his threats and launch a formal bid for the company, the Wall Street Journal reported. Icahn had asked the board's special committee to be reimbursed for the cost of his due diligence on Dell, a benefit the committee has already granted to rival bidders Silver Lake Partners and Blackstone Group LP. ...

via Tech News Headlines - Yahoo! News http://news.yahoo.com/icahn-refuses-drop-proxy-fight-option-wsj-160945498--sector.html