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Posts tagged “Dell”

Updated February 12

Premium Lock Dell shares trade above Michael Dell's buyout offer

Dell Shares in Dell., which last week agreed to be taken private, closed above the offer price for the first time since the announcement after the computer maker's largest outside shareholder said the proposed deal undervalues it.

Updated February 11

Premium Lock Opposition mounts against Michael Dell's buyout plan

Michael Dell gambles he can turn around his company Michael Dell faces mounting opposition to his plan to take Dell private as the company's largest outside shareholder vowed to block the $24 billion buyout because it "grossly undervalues" the personal computer maker.

February 8

Premium Lock Dell sets Nov. 5 deadline to complete $24.4B buyout

Michael Dell Michael Dell and Silver Lake Management LLC can walk away from their proposed $24.4 billion leveraged buyout of Dell Inc. if the deal isn't completed by Nov. 5.

February 7

Premium Lock Investor sues Michael Dell, directors over $24.4B buyout

Michael Dell gambles he can turn around his company Dell Inc. Chief Executive Officer Michael Dell and other company directors were sued by an investor over claims the computer maker's board is shortchanging shareholders in a $24.4 billion management-led buyout.

February 6

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

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.

Michael Dell gambles he can turn around his company Michael Dell gambles he can turn around his company

February 5

Premium Lock No. 3 PC maker Dell goes private in deal worth $24.4B

Dell Dell, the world's third-biggest maker of personal computers, is going private in a deal valued at $24.4 billion, undertaking the biggest leveraged buyout since the financial crisis.

February 5

Premium Lock Dell reportedly near $24B deal to go private

Dell Shares of Dell climbed in premarket trading Tuesday on reports the personal computer maker is nearing a deal to go private worth between $23 billion and $24 billion.

February 4

Premium Lock Big firms IBM, Lenovo, Cisco, others need small partners to cash in on $5B federal contract

Information technology Dell, Lenovo, IBM, Hewlett-Packard Co. and other big information technology providers will need to align themselves with small businesses to tap a $5 billion federal contract to supply items such as laptops, servers, routers and storage systems.

January 23

Premium Lock Samsung passes Apple as No. 1 chip buyer; Lenovo, Cisco in top 10

Semiconductor Samsung is the new leader in the buying of semiconductors, passing Apple for the top spot. Meanwhile, Lenovo rises to No. 6. Cisco is No. 9. However, overall, semiconductor sales fall 3 percent.

January 22

Premium Lock Microsoft reportedly to help finance Dell buyout

Dell Dell is getting closer to clinching a leveraged buyout with Silver Lake Management, and Microsoft is planning to provide part of the funding, people with knowledge of the matter said.

January 21

Premium Lock Dell hires boutique bank to seek better go-private offer

Dell Dell, which may announce this week it's being taken private by a group led by Silver Lake Management, hires Evercore Partners Inc. to advise a special committee of the board and to test whether the company could get a better offer, sources say.

Updated January 17

Premium Lock Partners reportedly raise $15B to take No. 3 PC maker Dell private

Dell Silver Lake Management and partners are close to lining up about $15 billion in funds for a buyout of Dell, the third-biggest maker of personal computers, sources tell Bloomberg news.

January 16

Premium Lock Can Michael Dell raise $20B needed to take his company private?

A leveraged buyout of Dell would require Michael Dell and private-equity firms to accomplish a feat not seen since 2007: pulling together more than $20 billion in equity and debt to finance the deal.

Michael Dell Michael Dell

Updated January 15

Premium Lock Dell eyes going private to reboot the entire company

Dell Dell, the third-largest personal-computer maker, is discussing a leveraged buyout with private-equity firms TPG Capital and Silver Lake, a person with knowledge of the matter tells Bloomberg news.

January 8

Premium Lock Ex-IBMer whose hiring at Dell triggered lawsuit leaves PC maker

Dell Dave Johnson, who handled mergers and acquisitions for Dell, has left the company to join private equity firm Blackstone Group.

December 19, 2012

Premium Lock Health firm reportedly picks Triad Dell plant for 500 jobs

Dell's plant in Winson-Salem Herbalife, a healthcare company that makes a variety of products from personal care to sports and fitness, is expected to announce today it has selected Winston-Salem as the site for a 500-job facility.

December 12, 2012

Premium Lock CEO: Dell will focus on acquisitions to complement hardware

Dell Dell, which has spent more than $12.7 billion on 18 acquisitions since 2009, will focus on small and medium-size deals to add tools that complement its personal computers and servers, founder Michael Dell says

Updated December 10, 2012

Premium Lock Apple, Lenovo and PC manufacturing job hype - Remember Dell?

Apple's decision to build some Macs in the U.S. starting next year coupled with Lenovo's recent announcement about building PCs in the Triad shouldn't erase the painful memories of Dell's fiasco in North Carolina.

Dell's WS 1 plant Dell's WS 1 plant

Updated December 6, 2012

Premium Lock World's rush to tablets picks up speed - sales to double by 2016

Amid a forecast for declining PC sales this year, research firm IDC predicts that tablet sales will more than double by 2016. And Microsoft will help lead the way with increasing market share.

Market shares in tablet operating systems Market shares in tablet operating systems

December 4, 2012

Premium Lock Microsoft-Intel push into tablets with Lenovo, others, is sputtering

Of more than a dozen tablets Microsoft and Intel touted for the new version of Windows, only five can be purchased for immediate U.S. delivery. Plus, early demand for Microsoft's first computer, the Surface tablet, seems "disappointing," said Craig Berger, an analyst at FBR Capital Markets.

Lenovo's Yoga after flip to tablet Lenovo's Yoga after flip to tablet

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