Monday, February 4, 2013

Now Dell's Board Is Voting On A $24 Billion Buyout Backed By Microsoft

A $24 billion deal to take computer maker Dell private faces one last hurdle: The company's board is voting on the offer tonight, Bloomberg reports.

According to multiple reports, Silver Lake, a buyout firm will invest $1 billion or more; Microsoft will invest $2 billion; and founder Michael Dell will contribute his 16 percent ownership of the current company and $700 million for a majority stake. The deal will also be backed by $15 billion in debt…..

Read more: http://www.businessinsider.com/dell-board-vote-microsoft-buyout-2013-2#ixzz2K0R6OP9l

No comments:

Post a Comment