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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.

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Dell goes private, bought by Michael Dell and Silver Lake

2013-02-05 16:11:08| InfoWorld: Top News

Michael Dell has teamed up with investment firm Silver Lake to buy computer maker Dell, the company he founded as a 19-year-old in 1984, in a deal valued at about $24.4 billion. After the transaction closes, Michael Dell will continue as CEO and chairman of the company, according to a statement.

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Fashion Designer Michael Kors to Raise Hunger Awareness with UN

2013-02-05 14:22:38| Apparel - Topix.net

The World Food Programme is to partner with United States designer Michael Kors to raise awareness of global hunger throughout the fashion community and beyond.

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Sources say Michael Dell seeking majority control of Dell

2013-01-31 01:00:00| Total Telecom industry news

Report claims founder may provide up to $1 billion of equity financing from personal funds.

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Michael Dell to use personal funds to seek majority control -- report

2013-01-30 07:59:11| CNET News.com

The company founder is planning to kick in $500 million to $1 billion of his personal funds to try to get control of Dell, Bloomberg reports. [Read more]

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