Open Enrollment | Subscribe to Dealerscope HERE
Connect
Follow us on
Advertisement
 
 

Dell Confirms Plan To Go Private in $24.4 Billion Buyout Deal

February 5, 2013
Michael Dell, the founder of the computing and technology company that bears his name, confirmed today that he intended to buy it back from shareholders. In a deal announced this morning, Dell and Silver Lake Partners will buy out the company's existing shareholders in a transaction worth $24.4 billion.

The deal values Dell at $13.65 a share, amounting to a 25.5 percent premium over the closing price of $10.88, where Dell was trading on Jan. 11 before the first reports of renewed interest in a buyout transaction emerged.

...

 

Companies Mentioned:

People Mentioned:

More Suggested Content:

Dell logo
Dell Going Private For $24 Billion
February 5, 2013 From News
Dell has reached a deal to go private, with CEO and founder Michael Dell buying back the company with backing from Silver Lake, the New York Times reported.
 
Winning With Windows 8
January 2013 From Dealerscope
How do you solve a problem like Windows 8?

A major advertising and marketing campaign for a major software release—from the major computer software company in the world, no less—receives little more than a lackluster response from consumers and businesses. So while retailers should approach Windows 8 and its associated hardware with caution, they may still eke out some gains by offering systems that have been specifically designed for the new operating system.

Unlike some previously disastrous introductions, such as Windows Vista and Windows Millennium Edition, there are no glaring flaws in the latest version of Microsoft’s operating system. Users haven’t been plagued by hardware compatibility issues as they have in the past, or faced with major software upgrades to make programs work with the new OS. And cost hasn’t been an obstacle. Microsoft offers an upgrade version of the software for just $40.
 

COMMENTS

Click here to leave a comment...
Comment *
Most Recent Comments: