InvestSMART

Icahn defends move on Dell, Transocean

Wall Street raider Carl Icahn has defended his twin attacks on computer giant Dell and offshore oil rig operator Transocean, saying such companies need "shaking up" for shareholders' benefit.

Wall Street raider Carl Icahn has defended his twin attacks on computer giant Dell and offshore oil rig operator Transocean, saying such companies need "shaking up" for shareholders' benefit.

A day after singling out the two companies for his legendary brand of investor activism, the Wall Street buccaneer said he was doing what he had always done: pressing companies and chief executives to perform better and reward investors better.

Join the Conversation...

There are comments posted so far.

If you'd like to join this conversation, please login or sign up here

Related Articles