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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 ET
    Dell (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.
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This news story has 6 comments:

  •  
    What is Dell's book value?
    4 Feb, 01:12 PM Reply Like
  •  
    About $6.
    4 Feb, 02:51 PM Reply Like
  •  
    I don't think stock holders are going to be happy to part-ways at this price. Expecting trouble ahead..
    4 Feb, 02:59 PM Reply Like
  •  
    This is a leak designed to clear out speculators who want a higher price. http://seekingalpha.co...
    4 Feb, 03:23 PM Reply Like
  •  
    I think that it is reasonably likely that Mr. Mason Hawkins of Southeastern Asset Management will actively oppose a sale at this price.
    4 Feb, 11:13 PM Reply Like
  •  
    Why invest in a boxmaker like Dell? They are just becoming an Americanized version of Foxcom.
    4 Feb, 11:36 PM Reply Like
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