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:

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.

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.

  Michael Dell and Microsoft in final stages of Wall Street buyout