July 10, 2013 11:30 AM
Then there were two. CNBC reported that a partnership between Guggenheim Digital Media and KKR (KKR) had pulled out of the bidding war for subscription video streaming service Hulu. Guggenheim's departure leaves DirecTV (DTV) and a partnership between AT&T (T) and Peter Chernin as the last two bidders for all of Hulu. Carl Icahn played a new card in his quest to wrest control of computer maker Dell from its founding CEO. Two days after Institutional Shareholder Services and two other proxy advisory firms endorsed a $24.4 billion leveraged buyout proposed by Michael Dell and the private equity firm Silver Lake, Icahn today urged shareholders to invoke a provision of Delaware that allows them to have second thoughts up to 60 days after the buyout has taken place. Stocks are little changed in early trading on Wall Street as investors look ahead to the release of minutes from the latest policy meeting of the Federal Reserve.