Billionaire investor Carl Icahn’s bid to speed up proceedings in a lawsuit against computer maker Dell Inc. was rejected by a judge in Delaware.
Delaware Chancery Court Judge Leo Strine Jr. today denied the request by Icahn, who is trying to thwart a buyout by founder Michael Dell, at a hearing in Wilmington. Dell shareholders of record Aug. 13 are scheduled to vote on the $24.9 billion buyout at a special meeting Sept. 12 and to choose directors at an annual meeting Oct. 17.
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