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Blackstone withdraws from race to buy Dell

2013-04-19 13:38:00| Telecompaper Headlines

(Telecompaper) Blackstone has withdrawn from a three-way race to acquire computer maker Dell, citing a 14 percent market drop in PC sales in the first quarter and "the rapidly eroding financial profile of Dell". A letter released by Dell's special committee and signed by Boulder Acquisition, on its behalf and that of Blackstone, Francisco Partners, Insight Venture Partners and Riverwood Capital, states the partners will likely not pursue this opportunity, while expressing their gratitude to Michael Dell and the management team for their time and due diligence information. This leaves Dell with an original buyout bid by CEO Michael Dell and investors led by Silver Lake for USD 24.4 billion, or USD 13.65 a share, and a preliminary proposal of up to USD 15 a share from Carl Icahn.

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Blackstone reportedly withdraws $25B takeover bid for Dell

2013-04-19 03:54:26| CNET News.com

Private-equity firm launched a bid last month to rival Michael Dell's effort to take private the company he founded. [Read more]    

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ET deals: $300 off Dell XPS 14 ultrabook, 55-inch HDTV, more

2013-04-18 20:13:06| Extremetech

If you’ve been looking for discounts on high-end tech rather than the cheap entry-level models, we have some deals just for you today. Dell’s XPS 14 puts other ultrabooks to shame with its silicone base, magnesium alloy construction, and Gorilla Glass; now you can snag one for an all-time-low after a rare $300 price drop.…

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Dell B5465dnf Mono Laser Multifunction Printer

2013-04-17 23:34:53| PC Magazine: New Product Reviews

The Dell B5465dnf monochrome laser MFP provides wicked-fast printing and scanning for busy workgroups in small to mid-sized offices.

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ET deals: $490 for Dell Inspiron 660 Core i5 quad-core PC

2013-04-17 21:30:48| Extremetech

This Dell desktop may not be some outrageous gaming rig or the cheapest PC on the market, but at $489 it is one of the best bang-for-the-buck machines available.

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