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Is Dell going private?

Zafar Anjum | Jan. 15, 2013
The PC maker’s shares surge on privatisation talks

A buyout of the $US19 billion company would become one of the largest deals since the global recession, said the AFR.

Michael Dell had founded Dell Computers when he was 19 in 1984. The company had started in his University of Texas dorm room with US$1,000. Dell, the CEO of the company, still owns 15.7 percent of the company. This helps as it makes "it easier for firms to put together equity financing for the deal," said the Bloomberg report. Dell, who retook the CEO position in 2007, said in 2010 he had considered taking the company private.

 

 

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