4 Mergers and Acquisitions Stock Stories Ready for Weekend Due Diligence

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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.

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