Home Michael Dell, Silver Lake enter agreement to acquire Dell
 

Keywords :   


Michael Dell, Silver Lake enter agreement to acquire Dell

2013-02-05 20:10:00| Telecompaper Headlines

(Telecompaper) Dell has signed a definitive agreement under which it will be fully acquired by Michael Dell, its founder, chairman and CEO, in partnership with global technology investment firm Silver Lake. Under the terms of the agreement, Dell stockholders will receive USD 13.65 in cash for each share of Dell common stock they hold. The transaction is valued at approximately USD 24.4 billion and is subject to other customary conditions, including receipt of required regulatory approvals and Dell stockholder approvals. The transaction includes a USD 2 billion loan from Microsoft. The operation is expected to close before the end of the second quarter of Dell's fiscal year 2014.

Tags: enter agreement michael dell

Category:Telecommunications

Latest from this category

All news

»
24.11 Beautiful World CD
24.11VIII
24.11PLUS MADHOUSE( ) 2
24.11KATO 10-1537 415
24.11125f-slim
24.11
24.11olend ona soft bag
24.1110ONKYO
More »