Dell this morning said it has agreed to go private at $13.65
a share in cash in a leveraged buyout led by founder, chairman and CEO Michael
Dell, in partnership with the private equity firm Silver Lake.
The deal is worth about $24.4 billion. Dell notes that the
price is a 25% premium over the company’s stock on January 11, the last day
before rumors about a possible LBO were first published.
The transaction is subject to approval of unaffiliated
holders….
Read all about it at http://www.forbes.com/sites/ericsavitz/2013/02/05/dell-makes-it-official-to-go-private-at-13-65-a-share-in-cash/
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