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It begins: The first of what should be many class-action suits related to the Dell (DELL +0.8%)...

It begins: The first of what should be many class-action suits related to the Dell (DELL +0.8%) LBO deal has been filed. Meanwhile, H-P (HPQ +2%) is using the occasion to tell Dell clients "leveraged buyouts tend to leave existing customers and innovation at the curb." The struggling IT giant also proclaims that "with a significant debt load, Dell's ability to invest in new products and services will be extremely limited." The irony is pretty thick. (previous)
Comments (1)
  • $24B will get invested in Technology stocks.
    5 Feb 2013, 12:26 PM Reply Like
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