It's Official - Dell Is Going Private

Discussion in 'Current Events' started by thekingofnerds, Sep 12, 2013.

  1. macrumors regular

    Joined:
    Jun 26, 2013
    #1
    From CNBC

    All Windows vs Mac, Apple Vs Dell BS aside - What do you guys think? Good or bad?

    Maybe they can go back to focusing on what is most important - their customers. Supposedly they will be shifting and focusing more on enterprise solutions.

    And on a good note - Icahn lost a fight. Everyone wins! Hah.
     
  2. macrumors G5

    Consultant

    Joined:
    Jun 27, 2007
    #2
    So Dell is returning money to its shareholders?
     
  3. macrumors newbie

    Joined:
    Sep 21, 2005
    #3
    lol
     
  4. macrumors Penryn

    rdowns

    Joined:
    Jul 11, 2003
    #4
    Doesn't mater who owns them at this point. They've completely missed out on mobile.
     
  5. macrumors P6

    Peace

    Joined:
    Apr 1, 2005
    Location:
    Space--The ONLY Frontier
    #5
    I'd like to know where Michael Dell is getting 25B bucks.

    He won't be the sole owner and I'd guess the investors will have a say in how the company is run.
     
  6. localoid, Sep 12, 2013
    Last edited: Sep 13, 2013

    macrumors 68020

    localoid

    Joined:
    Feb 20, 2007
    Location:
    America's Third World
    #6
    He partnered with Silver Lake Partners, a private equity firm. MSD Capital was also in on the deal.
     
  7. macrumors G5

    jav6454

    Joined:
    Nov 14, 2007
    Location:
    1 Geostationary Tower Plaza
    #7
    On a bad note, he now is part of the Apple group. Icahn, for me, spells trouble. He will try to run Apple like he tried with Dell and in the process run over Apple's image.
     
  8. macrumors 6502

    MyMac1976

    Joined:
    Apr 14, 2013
    #8
    It's a good thing now maybe dell can get back in the business of building good stuff again instead of satisfying share holders.
     
  9. macrumors newbie

    Joined:
    Sep 16, 2013
    #9
    Should be really interesting to see what happens from here!
     
  10. macrumors 68020

    Solomani

    Joined:
    Sep 25, 2012
    #10
    More like Michael Dell succeeded in STEALING the money invested by the shareholders. The shareholders, at least those who have been around for years when DELL was worth a lot more, have lost most of their money. True, Michael Dell "bought back" his company, but in doing so he only paid back the investors a small fraction of what they originally invested in the company.

    For the investors/shareholders... much pity to them.

    For Michael Dell.... you are lucky you are getting away with this. Once a corporation goes public, it is a rare feat to reverse it back to a privately owned company. Michael Dell, you have accomplished a rare feat! Good on ya, you Robber Baron, you.

    ----------

    Yes, this makes me apprehensive as well. Carl has gutted a lot of former iconic companies.... I remember TWA from my early childhood, one of the great international airlines in those days.
     
  11. macrumors 604

    gkarris

    Joined:
    Dec 31, 2004
    Location:
    "No escape from Reality..."
    #11
    yes... :eek:
     
  12. macrumors 6502a

    BittenApple

    Joined:
    Nov 29, 2008
    #12

    The markets aren't charity. You play to win.
     
  13. macrumors 6502a

    Joined:
    Nov 6, 2009
    #13
    Since when is share devaluation stealing? It's all a part of the game, and you play to win. Let's be honest for a moment -- investment is essentially legalized gambling.

    Those who were smart enough sold their Dell shares long, long ago. Who's to say anyone still has Dell shares from their heyday? That'd be downright stupid. I doubt many were actually "burned" or "stolen from" since they probably bought in quite recently after the share price already tanked, or upon news of the impending buyback.

    Regardless of peoples misconceptions, this is quite good for Dell and it's employees. Icahn would have driven a stake in the company and gutted it alive.
     
  14. macrumors 601

    andiwm2003

    Joined:
    Mar 29, 2004
    Location:
    Boston, MA
    #14
    This good because Micheal Dell will try to create something new and better out of Dell instead of making cheap crap and use financial tricks to push the share prices up like Icahn likes to do.

    I hope Dell succeeds. Although of course the old (now outdated) quote about Apple comes to mind. However Micheal Dell proves that he follow through on what he promises.

    I hope Dell comes up with something good (high end workstations, high end notebooks, servers, TV's or monitors that can be folded up, notebooks for $9.98 or whatever).
     
  15. thread starter macrumors regular

    Joined:
    Jun 26, 2013
    #15
    Agreed - I know numerous tech companies that still rely heavily on their enterprise solutions (servers, workstations, networking, etc). They are a huge part of that market still.
     

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