In an exclusive excerpt from his new memoir, Play Nice But Win, the billionaire founder of Dell Computers recalls a 2013 showdown with the infamous corporate raider to thwart a takeover.
, the billionaire founder of Dell Computers recalls a 2013 showdown with the infamous corporate raider to thwart a takeover. By Michael Dellin Manhattan, so I decided to walk from the hotel over to Icahn’s place in the West Fifties—not just because it was lovely out but because I didn’t want my driver, or anybody, to know where I was going. As strange as it seems, there could have been considerable corporate or financial ramifications if I was spotted dining with the enemy.
“You know what, Carl? I don’t think you have a plan. I think if you want to buy the company for $14 a share, you should go right ahead. I think you’re going to totally screw Dell up." By this time, Mrs. Icahn had brought us what she’d been cooking—it resembled meat loaf—and joined us at the table. She didn’t say much, just smiled as her husband recounted all his success. Somehow, though, his monologue then turned to his son, who was working for him. And Carl’s proud smile disappeared.
“What is your plan?” I repeated. “You’ve got an offer to take control of the company. What is your strategy? Who’s going to run it? Who’s going to be the management?”