Founder told to sweeten offer for Dell as Icahn ups the stakes

By Soyoung Kim, Michelle Sierra and Leela Parker NEW YORK (Reuters) - Michael Dell has been advised to raise his $24.4 billion offer for Dell Inc, coming under further pressure as billionaire investor Carl Icahn revealed he had committed more than $3 billion to back an alternative proposal. The PC maker's special committee told Dell's founder and chief executive a few days ago that he should raise his offer if he wants it to succeed, a person familiar with the matter said on Tuesday. ...

via Tech News Headlines - Yahoo! News http://news.yahoo.com/icahn-affiliates-bulk-5-2-billion-dell-loan-002358505.html