Dell (DELL) -3.6% to $12.69 after the WSJ reports LBO talks involve a price range of...

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

Dell (DELL) -3.6% to $12.69 after the WSJ reports LBO talks involve a price range of $13-$14/share. Backing up prior reports (I, II), the paper says Silver Lake is involved in the talks, and that the equity portion of the deal amounts to $2B. That would still leave Dell's would-be buyers needing to raise ~$15B in debt, after Michael Dell's $3.6B+ stake is thrown in. Advisers are reportedly "trying to bring the negotiations to a close quickly."