Carl Icahn Builds 'Medium-Sized' Stake in VMware (VMW) - CNBC

Activist investor Carl Icahn has built a medium-sized stake in VMware (NYSE: VMW), CNBC reported. The stake is below the 5% threshold that would require a 13D filing, the report said.

Dell is considering a reverse merger with VMware, so Icahn could attempt to influence the plans. Notably, Mr. Icahn attempted to thwart Michael Dell's take-private deal in 2013.

You May Also Be Interested In

• BofA lists top 5 themes driving next $1tn in incremental semi sales
• Truist Securities Reiterates Buy Rating on Kymera Therapeutics (KYMR) Following Sector Deal
• Ballard Power to acquire UK's GeoPura for ~$400 million