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  • Bain says Dell, other tech firms join its bid for Toshiba chip unit

    Toshiba said this week it has agreed to focus on selling the world's No. 2 NAND producer to a group led by Bain and South Korean chipmaker SK Hynix Inc but it did not rule out a deal with other suitors including Western Digital.

  • Francisco Partners, Elliott near Dell software deal: Sources

    Divesting the software assets will help Dell refocus its technology portfolio and bolster its balance sheet after it agreed in October to buy data storage company EMC Corp for USD 67 billion. EMC owns a controlling stake in VMWare Inc, a cloud-based virtualization software company.

  • TCS joins auction for Dell's Perot Systems: Sources

    The company had been interested in acquiring the company since last year, but re-emerged as a bidder in the last few days, the people said, asking not to be named because the matter is private.

  • EMC to shop itself after deal with Dell: Sources

    EMC has asked for a 'go-shop' provision to be included in the merger agreement that will allow it to solicit bids from other parties and pay a discounted breakup fee to Dell if there is a deal with another company, the people said.

  • Dell looks to EMC deal to boost corporate presence

    The potential acquisition of EMC, which has a market capitalization of USD 52 billion, would be the largest technology sector deal on record.

  • Citrix in last-ditch attempt to sell itself: Sources

    Citrix, which had attracted the interest of private equity investors before it agreed in July to give Elliott a seat on its board of directors, is having new conversations with buyout firms, the people said this week.

  • Dell says to invest $125 bn in China over five years

    The world's third-largest maker of personal computers said the investment would contribute about USD 175 billion to imports and exports, sustaining more than one million jobs in China.

  • Apple's enterprise assault gets into higher gear

    Experts say the company hopes to offset a gradual deceleration in growth - highlighted by iPad sales that have declined three straight quarters - by expanding its footprint in the workplace.

  • Dell's buyout: A topsy-turvy affair

    Partnering with private equity house Silver Lake, the billionaire CEO Michael Dell offered USD 13.75 a share, plus a 13-cent special dividend, to take private the company he founded in a college dorm room in 1984, in what would be the biggest leveraged buyout since the financial crisis.

  • Michael Dell, Silver Lake win shareholder OK for buyout

    Based on preliminary results, the buyout won their go-ahead and the deal is expected to close before the end of Dell's fiscal third quarter.

  • Dell's quarterly profit plummets as PC sales shrink

    Dell once led the world in computer sales and was held up as a model of production-chain innovation, but in recent years has become one of the more prominent victims of PC market erosion from mobile devices.

  • Michael Dell clinches new $24.8bn buyout deal

    The new agreement includes a special dividend of 13 cents per share along with an offer increased by 10 cents per share to USD 13.75 per share, Dell's special board committee, set up to ensure shareholders are getting the best deal, said in a statement.

  • Dell's buyout: a topsy-turvy affair

    Partnering with private equity house Silver Lake and Microsoft Corp , Michael Dell is offering USD 13.65 a share to take private the company he founded in a college dorm room in 1984 in what would be the biggest leveraged buyout since the financial crisis.

  • Dell shareholder meeting adjourned to July 24

    Dell Inc postponed its meeting on CEO Michael Dell's USD 24.4 billion buyout offer to July 24, buying time to solicit more proxy votes and drum up more support despite winning shareholders at the eleventh hour.

  • Some Dell shareholders plan to vote against CEO's buyout

    The decision to vote against the buyout by Mr Dell and Silver Lake come despite recommendations by ISS, Glass Lewis & Co and Egan-Jones proxy services, who are all in favor of the deal

  • India fares poorly on new female entrepreneurship index

    Country is ranked 16th of 17 nations measured by GEDI

  • Dell's profit slides 79% as it seeks to go private

    Dell Inc , the subject of a takeover battle between activist investor Carl Icahn and the company's billionaire founder, reported a 79 percent slide in profit as personal computer sales continue to shrink.

  • Dell to report earnings 5 days early, on May 16

    Dell Inc , mired in a battle between activist investor Carl Icahn and co-founder Michael Dell over its future, said it will report quarterly results on Thursday, May 16, a week ahead of schedule.

  • Blackstone ends pursuit of Dell Inc: Source

    Blackstone Group LP has ended its buyout pursuit of Dell Inc , a source familiar with the matter told Reuters, almost a month after the private equity firm launched a rival bid for the PC maker.

  • Dell says leveraged recap would be risky

    Dell Inc said on Friday a leveraged recapitalization would be fraught with risks for the computer maker and would be unlikely to offer as much value as the USD 13.65-per-share buyout agreed with founder Michael Dell and the private equity firm Silver Lake Partners.

  • The long path to a Dell buyout

    Dell Inc founder Michael Dell's efforts to take the PC company private began last summer with an idea pitched by its top institutional shareholder, Southeastern Asset Management.

  • Dell warns of risks of remaining a public company

    Dell Inc warned on Friday that it would be dangerous to take on a lot of debt and remain a public company given its worsening profit outlook, in a sign that it views proposals from Blackstone Group LP and billionaire investor Carl Icahn as fraught with risk.

  • Dell concerned with Blackstone buyout offer : Sources

    Dell Inc founder and Chief Executive Michael Dell is very concerned that Blackstone Group LP's buyout offer would dismantle the PC maker he founded in 1984, two people close to Michael Dell said on Monday.

  • Proposed offer shifts risk of business to buyer group: Dell

    Dell Inc on Friday, responding to independent investment fund Southeastern Asset Management, said the proposed buyout deal offers immediate premium for stockholders and shifts the risks facing the business to the buyer group.

  • Dell-shareholder Southeastern unhappy with buyout

    Dell Inc's largest independent shareholder, Southeastern Asset Management Inc, has told the computer-maker that a USD 24.4-billion buyout bid undervalues it, adding to a chorus of investor dissatisfaction with the landmark deal, two sources close to the situation said.

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