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RumorTT: Dell in talks to take their company private

RumorTT: Dell could soon go private, have been talking to various firms about the deal

| Business, Financial & Legal News | Posted: Jan 15, 2013 6:37 am

Dell have been going through a painful couple of years, with their consumer division not doing well in this 'post-PC' environment. The latest fuel to this fire is from a report by Bloomberg which states that the company are in buyout talks with at least two private equity firms.

 

TweakTown image news/2/7/27856_02_rumortt_dell_in_talks_to_take_their_company_private.jpg

 

The report cites "two people with knowledge of the matter" that Dell have already talked to numerous banks in order to finance the shift in direction, also noting that the talks are just preliminary right now and could completely fall apart at any minute if financing isn't secured, or an exit strategy isn't agreed upon.

 

We should hear more on this in the coming weeks, but it looks like things are about to get interesting for Dell.

NEWS SOURCESTechspot.com, Bloomberg.com

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