Economics

Activist Shareholder Carl Icahn Calls Dell's Board "Totalitarian Dictatorship"

Not fighting Michael Dell's attempt to acquire the company anymore

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Activist shareholder Carl Icahn has backed down from his fight against Round Rock-based Dell, saying that he will no longer fight the move by Michael Dell and Silver Lake to acquire the company--but called Dell's board a "totalitarian dictatorship" in the way it has been fighting Icahn's efforts.