Items tagged with Michael Dell
We first got an inkling that Dell Inc. was interested in purchasing EMC Corp late last week, and today we received official confirmation of that deal. And as we expected back then, this a whopper of a deal — in fact, it’s being billed as...
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Michael Dell is no longer beholden to shareholders after taking the computer company he founded private two years ago. As such, he's free to invest more than $125 billion in China over the next five years as part of his "In China, For...
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Let's face it, sometimes a father knows best, and that applies to business as well. Hence why Michael Dell, founding father of the world's third largest PC company, fought so hard to take Dell private so that he could maneuver the firm in...
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Following months of back and forth between Michael Dell, Dell's board of directors, and a few outspoken shareholders such as Carl Icahn, the world's third largest PC maker is now back in the hands of the man who started it all. Dell announced today the completion of its acquisition by Michael...
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Barring anything unexpected, Michael Dell is almost assured to gain control of the company he founded and take it private following a shareholder vote later this week. Michael had originally proposed a $24.4 billion buyout offer for the...
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Michael Dell is in the midst of trying to take over the company he founded long ago, and if he succeeds in his bid, he'll take Dell private, giving himself complete control without having to answer to a board of directors or shareholders...
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Dell reported a 72 percent annual drop in net income to $204 million during its second quarter for fiscal 2014, though the company remains steadfast in its strategy to customers in what it termed a "challenging environment." Indeed it is...
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After penning an open letter to Dell's board of directors essentially telling the company to take or leave his "best and final offer" to acquire the company he founded, Michael Dell has gone back and revised his bid as part of a new...
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Michael Dell is apparently finished with negotiations and has made a final offer to Dell's board of directors to take control of the company he founded. In an open letter to shareholders, Michael reiterated that taking Dell private is, in...
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It wasn't that long ago when it seemed like Michael Dell was well on his way to acquiring the company he founded. Michael, along with Silver Lake Partners and an investment from Microsoft, put together a $24.4 billion buyout bid that was unanimously approved by Dell's board of directors. The...
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Billionaire businessman Carl Icahn may ultimately fail in preventing Michael Dell from acquiring the company he founded and taking it private, but he isn't going down without a fight. Icahn keeps coming back to the table with new...
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A special committed formed by an independent group of directors weighed in on the situation with Dell and the two offers on the table, one a buyout bid by company co-founder Michael Dell and the other a dividend payment by activist...
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What was supposed to be a relatively quick and easy buyout of Dell, the world's third largest PC vendor, has turned into a drawn out dispute over the company's value, with Carl Icahn having emerged as one of the loudest voices of dissent...
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Three months ago, Dell's Board of Directors unanimously approved a merger agreement under which company founder Michael Dell and investment firm Silver Lake Partners would acquire the PC maker for $24.4 billion. Michael's plan is to take Dell private so he can run the company as he sees fit...
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It's tough to say what kind of resistance Michael Dell anticipated when decided to acquire the company he founded for $24.4 billion. Under terms of the deal, which was unanimously approved by Dell's Board of Directors, Mr. Dell and his...
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Michael Dell, along with partners Silver Lake Management and Microsoft, are anxious to complete a takeover bid of the world's third largest PC maker, but not everyone involved is gung-ho to get it done. Southeastern Asset Management, Dell's biggest outside shareholder, plans to fight the...
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Dell's decision to go private (and Microsoft's $2B investment) are big news in the tech world today, but there's precious little in the way of hard evidence for why Michael Dell decided to buy back the company he founded as a college...
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It happened. Dell today announced it has signed a definitive merger agreement in which company founder, Chairman, and CEO Michael Dell will acquire the company for approximately $24.4 billion. Microsoft and Silver Lake Management are also...
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Dell, the third biggest PC manufacturer in the world, could be a private company by the time the weekend is over. While most of use are planning Super Bowl parties (go 49ers!), Dell founder and chief executive officer Michael Dell, along with private equity firm Silver Lake Partners, are...
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Michael Dell is exactly what the Windows and Linux community need right now. It doesn't matter if you're not a fan of Dell computers, it's Mr. Dell's message that speaks to computer users far and wide. Consider that Apple is pushing hard...
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Michael Dell, no doubt after an exhaustive search, thinks he's found just the guy to lead Dell back to the top spot in personal computer sales. Dell Chairman and founder Michael Dell reclaimed the position of chief executive officer...
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