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Michael Dell is reportedly looking to gain majority control of Dell (DELL) by adding $500M-$1B...

  • Wednesday, January 30, 4:59 AM ET
    Michael Dell is reportedly looking to gain majority control of Dell (DELL) by adding $500M-$1B of his own money to his $3.6B, 15.7% stake in the efforts to take the company private. Such a combination would mean that Dell would contribute over half of the $8-9B equity payment in the deal, with more money coming from Silver Lake and possibly Microsoft (MSFT). DELL has so far received no other bids, while it's also considering paying a special dividend.
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  • Once upon a time they called the city of Round Rock where Dell is hq'd Dell Rock. The rock is no more
    30 Jan, 08:10 AM Reply Like
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