Latest Business News: Icahn Reiterates Commitment for Dell Buy

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Latest Business News: Icahn Reiterates Commitment for Dell Buy

Latest Business News: Icahn Reiterates Commitment for Dell Buy
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Latest Business News: Icahn Reiterates Commitment for Dell Buy

by Wochit 1:03 mins

Carl Icahn reiterated his interest in owning Dell Inc and said the $5.2 billion in financing he's putting together to back his bid for the company continues to move forward as planned,echoing statements he made earlier in the day in an open letter to Dell shareholders. Two people familiar with the situation said that Forest Laboratories Inc, the specialty drugmaker that counts investor Carl Icahn as a major shareholder, is among a handful of companies interested in bidding for Irish drugmaker Elan Corp. Half-way towards a lost decade for Europe's economy, pessimism persists about the political will to halt a worrying slide in the region's potential growth. Without sweeping reforms to boost productivity, Europe's output will remain sub-par, making it harder for governments to reduce debt burdens that are unsustainable financially and unemployment rates that are unsustainable socially.

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