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Dell Said To Be In Buyout Talks With Private-Equity Firms

Posted by ryuzaki0 on from the dude-you're-buying-dell dept.

puddingebola writes "Dell Inc. is reported to be in buyout talks with private equity firms. From the story, 'Dell is discussing going private with at least two firms, said one of the people, who declined to be identified because the talks are private. The discussions are preliminary and could fall apart because the firms may not be able to line up the needed financing or resolve how to exit the investment in the future, the people said.'"

3 of 150 comments (clear)

  1. Re:Ask Hostess How Well That Worked Out by ISoldat53 · · Score: 5, Informative

    Not coincidentally Dell's previous Co Chairman was once a Bain consultant. Your scenario is just what Bain did repeatedly.

  2. Ask Mitt Romney How Well That Worked Out by dkleinsc · · Score: 1, Informative

    Isn't it fun to do that when you're on the private equity firm side? There's no risk whatsoever, and you get nice fat consulting fees and management fees and bonuses.

    Also, typically the management that sold to the private equity firm takes home a nice big paycheck as part of the deal.

    --
    I am officially gone from /. Long live http://www.soylentnews.com/
  3. Re:Why keep it going? by Anonymous Coward · · Score: 5, Informative

    October 6, 1997:
    "And at the Gartner Symposium and ITxpo97 here today, the CEO of competitor Dell Computer added his voice to the chorus when asked what could be done to fix the Mac maker. His solution was a drastic one.

    "What would I do? I'd shut it down and give the money back to the shareholders," Michael Dell said before a crowd of several thousand IT executives. "

    http://news.cnet.com/2100-1001-203937.html