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Michael Dell struck a deal to take Dell Inc private for $24.4 billion in the biggest leveraged buyout since the financial crisis, partnering with the Silver Lake private equity firm and...
Dell will go private for $24.9 billion, following a shareholder vote in favor of the deal on Thursday. The final deal is pegged at $13.75 a share, including a 13 cents a share dividend. At...
After years battling Silicon Valley skeptics and Wall Street adversaries, Michael Dell has pulled off the deal of the century, borrowing and flipping his way to a $50 billion fortune.
Alongside private equity firm Silver Lake Partners, Dell launched a $25 billion leveraged buyout of his company. The controversial deal roused an epic battle with billionaire Carl Icahn, and it...
Shareholders have voted to approve a $24.9 billion buyout of the company by founder and CEO Michael Dell and investment firm Silver Lake Partners. They will be paid $13.75 per share, an...
Michael Dell, the company’s largest shareholder, is throwing in all of his stock and $750 million of his $16 billion fortune to help finance the sale to a group led by the investment firm Silver Lake. Dell’s stock-and-cash contributions to the deal are valued at about $4.5 billion.
Dell agreed to be taken private Tuesday in a $24.4 billion buyout deal by a consortium led by its founder and chief executive, Michael Dell, in the biggest leveraged buyout since the 2008...
Dell has officially announced its acquisition of EMC Corporation in a deal valued at approximately $67 billion. The Dell/EMC merger dwarfs the previous record set earlier this year, the $37...
Dell stockholders have approved a plan to take the company private. Based on a preliminary vote tally, founder Michael Dell has enough support to acquire the company with Silver Lake Partners.
SAN FRANCISCO — Dell Inc will delist from the Nasdaq at the close of Tuesday’s trading, as founder Michael Dell and private equity house Silver Lake complete their controversial US$24.9-billion buyout of the struggling PC maker. The go-private acquisition, fought by major shareholders like Carl Icahn who demanded a higher price, ends Dell ...
Dell has reached an agreement with private equity firm Silver Lake Partners and other financing companies to go private through a leveraged buyout at $13.65 per share, or $24.4 billion,...
Dell founder Michael Dell is taking his company private by giving the money back to shareholders. Why is he doing that, where is the company going, and can Mike make it?
(Reuters) - Michael Dell won shareholder approval on Thursday for his $25 billion offer to buy and take Dell Inc private, ending months of conflict with the company's largest investors and...
Dell Inc will delist from the Nasdaq at the close of Tuesday's trading, as founder Michael Dell and private equity house Silver Lake complete their controversial $24.9 billion buyout of the...
Here are the nine things to know about Dell's buyout deal as the July 24 vote looms.
Dell Technologies, the linchpin of a nearly $100 billion bet on tech by Silver Lake, has announced plans to return to the public markets as part of a complicated transaction worth $21.7 billion.
After a battle to take this eponymous PC make private, Dell now answers to no one. That, he says, will prove the company's salvation.
Dell Technologies today announced completion of the acquisition of EMC Corporation, creating a unique family of businesses that provides the essential infrastructure for organizations to build their digital future, transform IT and protect their most important asset, information.
After Michael Dell made a $24.4 billion buyout bid in August 2013 (equivalent to $31,470,000,000 in 2023), activist shareholder Carl Icahn sued the company and its board in an attempt to derail the bid and promote his own forthcoming offer.
For its nearly 10 per cent stake in VMware, the Broadcom deal handed Silver Lake just under $3bn in cash and Broadcom stock worth more than $5bn, according to FT calculations. Michael Dell ...
Beginning with the buyout of his PC company, Dell acquired server and storage company EMC for $67 billion before retaking the group public in 2018. Dell fought with shareholders over claims...
Dell has agreed to buy out its own tracking stock for $21.7bn in a move that will return the sprawling technology company back to public markets five years after its founder took it private.
Michael Dell has prevailed in the hard fought $24.8 billion leveraged buyout battle to keep control of Dell, the company he founded 29 years ago from his dorm room at the University of Texas.