TweakTown
Tech content trusted by users in North America and around the world
6,202 Reviews & Articles | 40,032 News Posts
TRENDING NOW: Samsung wants the US government to block GeForce GPU shipments

Dell is officially a privately held company again - Microsoft coughs up $2bn to help make it happen

Dell to buy back shares for $13.65 each, will once again be a privately held business

| Business, Financial & Legal News | Posted: Feb 5, 2013 4:48 pm

This morning the AP is reporting that Dell has indeed decided to go private, as we recently reported. We have heard rumors of this for weeks and now it will become a reality as soon as next Tuesday. Michael Dell, Silver Lake and Microsoft are the key players in the deal with shareholders not suffering in the deal.

 

TweakTown image news/2/8/28329_1_dell_is_officially_a_privately_held_company_again.jpg

 

The deal includes a massive investment from Michael Dell himself as well as a loan of $2 billion from Microsoft and $1 billion from private equity firm Silver Lake. Dell shareholders stand to make a decent profit as well when the company buys back all the public stock at $13.65 a share.

 

Analysts have mostly been split on the decision to take the company private. Some see it as a great move as it would allow decisions to be made out of the public eye, make restructuring easier, and would allow the company to sell off less than stellar performing parts of the company. Others argue that this will only prolong the death of the once great company. What do you think?

NEWS SOURCES:Techcrunch.com

Related Tags

Further Reading: Read and find more Business, Financial & Legal news at our Business, Financial & Legal news index page.

Do you get our news RSS feed? Get It!

Got an opinion on this news? Post a comment below!

Latest News Posts

View More News Posts

Forum Activity

View More Forum Posts

Press Releases

View More Press Releases