Dell now a Privately Owned Company
Business, Dell, News | (0)
Yesterday, Dell announced that they are now a privately held company, with a reported buyout of $24.4 billion from Dell’s Founder, Chairman and Chief Executive Officer Michael Dell and partners.
In a press release Dell said that Dell stockholders to receive $13.65 per share in cash which is 25% higher than Dell’s closing share price of $10.88 last Jan. 11, 2013. Michael Dell himself offered up to $1 billion from his personal fund in order for the buyout to push through. Continue Reading...