Carl Icahn trying to derail a $24.4 billion leveraged buyout of Dell Inc. (NASDAQ:DELL)

Denver, CO, 07/24/2013 (Avauncer.com) –Carl Icahn who is an activist investor is trying hard to derail a $24.4 billion leveraged buyout of Dell Inc. (NASDAQ:DELL) urged the special board committee to consider the deal and record the votes of the shareholder’s in the meeting which is scheduled on  July 25, 2013.

Dell’s founder Michael Dell and Silver Lake Management LLC have offered $13.65 per share to its shareholder’s to take the personal-computer maker private. A vote on the deal was originally scheduled on July 18 but had been postponed to July 25. Icahn’s wrote a letter which was addressed to a New York Post report stating that Dell may postpone the vote process again to gain more time to persuade the shareholders in approving the buyout. He also wrote a letter to the committee which was distributed in a statement stating that six months have passed and the time for soliciting is over. He addressed saying that it’s the time to vote and there should be no postponement of the vote again.

Icahn wrote an open letter which was signed by Southeastern’s Mason Hawkins and Staley Cates where he mentioned the company’s board as “unconscionable” and charged company’s CEO Dell that he is trying to practice “scare tactics” to obtain shareholder votes.

In the six months of fight over the struggling PC maker, these letters are the latest jab reacted by Icahn. Icahn owns more than 8.7% stake in Dell, has asked the CEO of Dell to raise the bid of his offer and has also offered his own proposal. Icahn’s offer was at $14 which would allow the stakeholder to continue their investments being traded in a publicly company. He also offered a warrant along with the above $14 bid that if the stock of Dell climbs higher than $20 additional stock shall be exchanged.

The stock of the company surged 1.08% in its previous trading session and closed at $12.88. The stock traded in the range of $12.85 to $13.05.