The special committee of Dell Inc. (NASDAQ:DELL) requested billionaire Carl Icahn for further information regarding his planned acquisition of the personal-computer maker, made previous week as a challenge to founder Michael Dell’s $24.4B takeover.

Today, in a letter to Icahn the committee declared that it needs more details regarding the financing for Icahn’s transaction as well as told him to identify the persons he would anticipate to form the senior management team. It also asked a draft of a definitive contract for the transaction.

The partner Southeastern Asset Management Inc. and Icahn intends to borrow money for Dell to propose $12 per share in cash or stock to investors, whereas permitting them retains stakes in a public firm. The payment would weaken existing Dell shares, which Icahn declared that would have a worth of at least $1.65 each. As compared to Michael Dell’s plan to take the firm private, Icahn is requesting investors to bet on the future of PC maker overwhelmed by increasing rivalry, tumbling demand and mounting debt.

An analyst at CRT Capital Group LLC, Lance Vitanza stated in an interview today that the most probable scenario at this point is that Michael Dell’s contract goes through. There are groups of people who don’t want the instability.

Another analyst at New York-based Jefferies, Peter Misek, stated in a note today that most of shareholders would have a preference the certainty of $13.65 in cash from Michael Dell and Silver Lake. Investors might admit that rather than risk the indecision and the ensuing stock instability if the Silver Lake offer were voted down as well as Icahn/Southeastern try to install a new board of directors.