Carl Icahn may be guilty of Michael Dell's alleged sins.
FORTUNE -- Carl Icahn isn't losing to Michael Dell without a fight.
Today the activist giant offered to buy the PC maker for $12 per share, alongside fellow dissident Dell (DELL) shareholder Southeastern Asset Management. The payout could come either in cash of in the form of additional Dell stock, since this proposal would include a public equity stub.
Most of the bid would MORE