Posted Feb. 6, 2013 at 7:37 a.m.

Premium Lock Dell goes private in move that signals decline of PC market

Published: 2013-02-06 07:37:42
Updated: 2013-02-06 07:37:42

Michael Dell gambles he can turn around his company Michael Dell, chairman and chief executive officer of Dell Inc., speaks to fellow delegates in the Congress Center on day three of the World Economic Forum (WEF) in Davos, Switzerland, on Friday, Jan. 25, 2013. Photographer: Jason Alden/Bloomberg

Michael Dell is taking back majority control of the company he started in a University of Texas dormitory almost three decades ago after struggling to equip the PC maker for a new generation of competitors in mobile and cloud computing. He's wagering that he can more effectively transform Dell into a provider of a broad range of products for corporations outside the scrutiny of public investors, even while encumbering it with about $17 billion in additional debt....

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