4 Mergers and Acquisitions Stock Stories Ready for Weekend Due Diligence

Dell Inc. (NASDAQ:DELL) Current price $13.81

On Friday, Judge Leo Strine, presiding over Carl Icahn’s lawsuit against Dell, dismissed the activist investor’s allegations that the company and its board breached their fiduciary duties by accepting CEO Michael Dell’s $25 billion takeover bid, Reuters reports. Strine turned aside Icahn’s request to fast-track his lawsuit against Dell, which was created to block the controversial buyout, and said that he will set a formal hearing on the lawsuit but pressed Icahn and the firm to settle their differences in the meantime.