Rosen: Well-Advised Companies Listen to Activists

The transcript discusses the activism around Dell's M&A in 2013, focusing on Carl Icahn's role and its impact on the company's privatization. It highlights how activism has influenced M&A transactions, with shareholders seeking opportunities to affect deals. The challenges faced during Dell's privatization, including negotiations on voting rules and price adjustments, are detailed. The transcript concludes with an overview of Dell's business evolution post-privatization, including acquisitions, divestitures, and debt management.

What year did the Dell case involving Carl Icahn and Southeastern Asset Management occur?

• 2015

• 2018

• 2013

• 2010

In the context of M&A, what is one way shareholders can influence the process?

• By changing the company's name

• By hiring new management

• By reducing the company's debt

• By seeking a price increase

What was one of the outcomes of Carl Icahn's involvement in Dell's privatization?

• A decrease in Dell's stock price

• A change in Dell's management team

• An increase in the transaction price

• A merger with another tech company

What was a significant challenge faced by Michael Dell during the privatization process?

• A sudden drop in market demand

• A legal dispute over patents

• A blocking position on the special vote

• A lack of investor interest

What was one of the actions taken by Dell after going private in 2013?

• They stopped selling computers

• They acquired several companies

• They moved their headquarters

• They changed their brand name