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Monday, Jan 14
Dell (DELL +12.1%) soars after Bloomberg reports the struggling IT solutions provider is in...
Dell (DELL +12.1%) soars after Bloomberg reports the struggling IT solutions provider is in talks with at least two P-E firms to go private. The talks are said to be preliminary, and could reportedly fall apart due to a failure to obtain financing or to determine a way to exit the investment in the future. With a market cap that's now at $21.2B, Dell is much bigger than your typical P-E target. But it also trades at ~5x estimated FY13 EPS after backing out net cash/investments. (Michael Dell in 2010)