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ICAHN: 'I Have Retained Absolute Right To Conduct Proxy Fight At Dell'

Julia La RocheApr 16, 2013, 23:33 IST

Carl Icahn has released a statement saying that he retains absolute right to conduct proxy fight at Dell, Bloomberg News reported.

"I have refused to take a $25 million expense reimbursement from Dell as the price of giving up a proxy fight. In addition, I want to make it very clear that I have retained absolute right to conduct proxy fight at Dell, the billionaire investor said in a statement via @ReutersBiz.

He also sees "meaningful" talks with other Dell shareholders, according to Bloomberg.

Earlier today, a special committee of Dell's board said in a securities filing that Icahn agreed not to acquire more than 10% of the company ownership.