Dell (DELL +5.4%) adds to its gains as Reuters reports LBO talks are now " in an advanced...

|About: Dell Inc. (DELL)|By:, SA News Editor

Dell (DELL +5.4%) adds to its gains as Reuters reports LBO talks are now " in an advanced stage," with 4 banks lined up to offer financing. P-E firm Silver Lake is said to be leading the deal, and working with one of its major investors in the process. Topeka's Brian White thinks a $15-$18/share price tag is possible, and Jefferies' Peter Misek views a $15-$17 price as achievable. But like others, Misek notes Dell presents unique challenges to P-E firms. (Bloomberg report) (earlier)