Dell (DELL -2.4%) is "very, very close" to striking a $13.50/share LBO deal, David Faber reports...
Monday, February 4, 11:24 AM ETDell (DELL -2.4%) is "very, very close" to striking a $13.50/share LBO deal, David Faber reports - he thinks an announcement could come tomorrow, and that Microsoft (MSFT -0.5%) will put in $2B. Dell shares have slumped to $13.30 following the WSJ's report of a $13-$14/share deal price. Update (12:34PM ET): The WSJ now reports the price is likely to be in the $13.50-$13.75/share range. Microsoft is expected to invest ~$2B, Silver Lake over $1B, and Michael Dell's P-E firm ~$700M.
TECH ETFs IN FOCUS
Latest Tech Articles