Dell is closing in on a $23bn deal to leave Wall Street and become a privately held company, according to a report by the Wall Street Journal.
From V3:
From V3:
Company founder Michael Dell is set to use his own money to complete the transaction. His funds will be combined with both Microsoft and private-equity firm Silver Lakes Partners to buyout the firms current investors.Michael Dell and Microsoft in final stages of Wall Street buyout
The deal would see current Dell share holders receive anywhere from $13.50 to $13.75 a share. That quote represents an increase from Dell shares current selling point of $13.27.
