Dell to be taken private by Michael Dell, partners in $24.4 billion leveraged buyout. Ref. USAToday
Dell has reached a tentative deal with founder Michael Dell and Silver Lake Partners on a buyout, ending a months-long battle over the fate of the struggling PC maker. Ref. USAToday
Dell says a preliminary tally shows that shareholders have approved a $24.8 billion offer from its founder to buy the company and take it private. The deal will end Dell's 25-year history as a publicly held company. Ref. USAToday
Dell to buy data storage firm EMC for $67 billion, largest tech deal ever
Shareholders of EMC will receive about $33.15 per share, which includes cash plus tracking stock linked to part of EMC's economic interest in the VMware business, EMC announced. VMware will remain a publicly-traded company.The deal is a major coup for Michael Dell, who two years ago took the computer maker he founded private with private equity firm Silver Lake in a $25 billion buyout. Ref. USAToday