Slashdot Mirror
Michael Dell To Buy Dell Inc.
awarrenfells writes "After a shareholder vote, Michael Dell is expected to buy out and take Dell Inc. private. This move comes in the wake of plans to move Dell into position as an enterprise computing provider, but some analysts state this move may have come too late, much of the target market being taken by IBM and HP already."
Nerval's Lobster provides some more details at Slash Cloud: "[T]he final buyout price was $13.75 a share, which includes a 13-cent-a-share “special dividend.” All told, that puts the deal’s price at $24.9 billion. In order to reach this point, Dell and Silver Lake had to fend off activist investor Carl Icahn and investment firm Southeastern Asset Management, which made their own combined play for a restructured capitalization. In a series of public letters, Icahn argued that Dell’s privatization proposal undervalued the company, and—at least until the beginning of September—made it very clear that he was willing to fight things out in court. By convincing the shareholders that his plan is the best route forward, Dell avoids what could have devolved into a very protracted and messy battle. Michael Dell wants to focus the majority of the company’s efforts on services, essentially remaking it into a tech firm more along the lines of IBM."
He's getting Dell.
Technoli
I'd shut it down and give the money back to the shareholders
Ah yes, who will ever forget the great tycoon Bob Microsoft.
Well, actually the names got accidentally reversed by a city clerk: The guy's real name was Microsoft Bob.
I am officially gone from
That would be completely different! Michael Dell is still alive. Imagine... an auto company ran by the un-dead!
Flashback 1997 Micheal Dell says he would shit down apple and give the money back to the shareholders..
http://news.cnet.com/2100-1001-203937.html
Well MIkey, perhaps you should do the same thing.
It would have the worst safety record, but the labor would be impossibly cheap. We need to make zombie farms to fight the Chinese economic machine!
Where is my Umbrella?