Icahn Officially Bails on Opposition to Dell Acquisition and 2 More Heavily Traded Stocks to Follow

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Dell Inc. (NASDAQ:DELL): Current price $13.83

Don’t look now, but the battle seems to be over. Activist investor Carl Icahn, who in September sort of ended his months-long opposition to Michael Dell’s planned buyout of Dell, on Friday sounded his final withdrawal from the personal computer maker. Icahn tweeted that he will no longer seek appraisal rights for his shares, a legal process through which investors may try to convince a Delaware court to decide the fair value of the stock, announcing: “I withdrew my demand for appraisal of my Dell shares. Based on our returns on capital, we believe we have better uses for $2 billion.”

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