It's Thursday, March 7th, and this is Market Foolery.

I'm Rex Moore sitting in for Chris Hill today.

Joining me in studio, our crack team of analysts from Motley Full Million Dollar portfolio, Charlie Travers, and from Motley Full million dollar portfolio Charlie Travers and from

Motley Fool 1 Jason Moser welcome guys I trust you've recovered from this

historic and overhiked snowstorm I had literally no snow on the ground. So you didn't have to dig it.

No. You know, our girls got up for all of maybe an hour and it all started melting and they were getting

soaking wet. They're like, Dad, this sucks. Can we come inside?

One of the historic misses by the forecasters, I believe.

Yep. On today's show, Verizon wants more control and PetSmart goes to the dogs but first we begin with some drama at

Dell activist investor Carl ICON is proposing an alternative to Dell's plans to

go private icon is lobbying management to pay out a huge special dividend that he says

and he says that the leverage buyout by Michael Dell substantially undervalues the company.

Now ICON is Dell's third largest shareholder behind

Michael Dell and Southeastern Asset Management which by the way also opposes this

deal. ICON says the special dividend would amount to a 67% premium to the go private deal

Charlie it's a lot of stuff to process there what does it mean for investors I love

drama and rich people fighting this So I think what investors need to remember

is that just because Michael Dell wants to take his namesake company

private doesn't mean he gets his way and that it's automatically going to happen.

He does own close to 16% of the shares.

However, when you add up the stakes of all the people who are lining up against him, not just Carl ICON and Southeastern, but if you add in T-Roe Price, which is the next

largest shareholder behind them, they actually can out-vote Michael Dell at this point, which could

...