The decision to scrutinize Dell’s financial books with the aim of procuring a more profitable deal for stakeholders is a good example of business due diligence.
New York, NY (PRWEB) March 12, 2013
On March 12, business research firm DigitalOlympus.com comments on a report by BBC News on the Dell buyout saga involving company founder Michael Dell and activist investor Carl Icahn, who holds a significant stake in the company.
A BBC News report on the current Dell buyout saga describes investor Carl Icahn as opposed to the buyout offer of the company’s founder and states that “he [Mr. Icahn] has joined other shareholders in opposing the proposed $24.4bn (£16.3bn) buyout…” further stating that the investor requested a scrutiny of the company’s financial books in order to determine more optimal measures.
Responding to the BBC News report, DigitalOlympus.com described the move by Dell investor Carl Icahn to scrutinize Dell’s financial books with a view to identifying more profitable alternatives to company founder Michael Dell’s alleged $24.4bn buyout move as an example of how business due diligence can improve investment outcomes in a firm or organization.
Investigations, such as that requested by Mr. Icahn can be critical in developing the best possible basis for a financial transaction that affects a wide range of company stakeholders. Corporate investigations in general should always be recommended at every level of business decision making, as the results of any such investigation will always be to the advantage of the company, and its stakeholders by extension.
In a statement following the report, Josh Cole, a lead researcher with DigitalOlympus.com said the situation was an example of how business intelligence and due diligence can help determine optimal investment outcomes for an organization. “The decision by Carl Icahn, who holds a substantial stake in Dell according to the BBC News report, to scrutinize the company’s financial books with the aim of procuring a more profitable deal than the reported $24.4bn buyout from the firm’s founder and his partners, is a good example of business due diligence and can help see better investment outcomes for stakeholders,” he said.
The BBC News article on the Dell buyout standoff concludes by reporting that Mr. Icahn may have allies in his bid for a better deal, as the report quotes Dell's largest independent shareholder Southeastern Asset Management as saying that Mr. Dell's offer "grossly undervalues the company", along with the suggestion that other large investors also oppose the deal.
As a business research firm, DigitalOlympus.com promotes the adoption of business intelligence and due diligence practices that can help optimize business outcomes. The decision by Mr. Icahn to scrutinize Dell’s books with a view to brokering a better deal for investors can be seen as an effective form of business due diligence and provides a suitable example for other businesses to emulate.
Digitalolympus.com is a news blog dedicated to educating its readers on the latest technology advances. They are committed to gathering information on up and coming technologies that will enhance the lives of their readership. Digitalolympus.com is always at the forefront of technology news and events guiding its readers to accurately determine the best course of action for themselves and their businesses.