|Feb 5, 2013, 10:11 AM||#1|
Dell to Return Funds to Shareholders in $24 Billion Deal to Go Private
Dell today announced that it is officially going private in a $24.4 billion deal that will see the company owned by founder Michael Dell and investment firm Silver Lake Partners. The deal also involves a $2 billion loan from Microsoft.
Today's move is of course far from a shutdown for Dell, but Apple fans may take a certain pleasure in seeing the company turn private and return funds to shareholders as it continues its efforts to revitalize the Dell brand in a stagnant PC market.
Article Link: Dell to Return Funds to Shareholders in $24 Billion Deal to Go Private
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