Items tagged with Michael-Dell

After a drawn-out struggle that saw billionaire investor Carl Icahn fight against it (a struggle he eventually gave up on earlier this week), Michael Dell will buy out Dell for $24.9 billion. The company’s founder has now successfully taken his company private again. The deal will be for $13.75 per share with a 13-cent-per-share dividend, which is a dime per share higher than his original offer of $13.65 per share. The deal should close before Dell’s third fiscal quarter closes. In a statement, Michael Dell said, “I am pleased with this outcome and am energized to continue building Dell into the industry’s leading provider of scalable, end-to-end technology solutions.... Read more...