Dell Could Announce Deal to Go Private As Soon As Monday
Michael Dell is taking the computer and IT company that bears his name private. He’s talked about it before, but all the indications are that, this time, he is serious.
Using a combination of shares he already owns and personal cash, Dell will, according to most reports on the deal, nudge his ownership stake north of 50 percent. Silver Lake Management and Microsoft are also said to providing some of the financing, though the role of the software giant is, as The Wall Street Journal reported, still under discussion.