Dell's (DELL) board reportedly scheduled a meeting for tonight to vote on a deal valued at...
Monday, February 4, 11:49 PM ETDell's (DELL) board reportedly scheduled a meeting for tonight to vote on a deal valued at $13.50-$13.75/share. In-line with prior reports, the contributions are said to be as follows: $1B+ in equity from Silver Lake, $2B from Microsoft (MSFT), $700M from Michael Dell's P-E firm, Dell's personal 15.6% stake (valued at $3.6B), $15B in debt, and billions in cash from the company itself. If the deal goes through, there could be blowback from Southeastern Asset Management and/or other major shareholders.
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