Dell’s Board Meeting to Discuss $13.50 to $13.75/Sh Buyout, Says Bloomberg
Bloomberg’s Jeffrey McCracken reports that Dell‘s (DELL) board of directors is meeting tonight to discuss a $24 billion leveraged buyout involving $1 billion invested by private equity firm Silver Lake Management, and $15 billion in debt, $2 billion from Microsoft (MSFT), and several billion from Dell, citing multiple unnamed sources. A deal could be announced [...]
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