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Last Updated : Jan 22, 2013 10:41 PM IST | Source: Reuters

Microsoft in talks to invest up to $3 bn in Dell buyout

Microsoft Corp is in discussions to invest between USD 1 billion and USD 3 billion in a buyout of Dell Inc , CNBC cited unidentified sources as saying on Tuesday.


Microsoft Corp is in discussions to invest between USD 1 billion and USD 3 billion in a buyout of Dell Inc , CNBC cited unidentified sources as saying on Tuesday.


Also Read: Former Microsoft exec says CEO Ballmer culls internal rivals to retain power


The world's largest software company will provide the capital in the form of mezzanine financing, the business TV outlet reported, a hybrid of debt and equity. Shares in Dell gained almost 2 percent to USD 13.08 in late morning trade.


 



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First Published on Jan 22, 2013 10:16 pm
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