Dell in $24 Billion Deal to Go Private


Dell announced Tuesday that it had agreed to go private in a $24 billion deal led by its founder and the investment firm Silver Lake, in the biggest leveraged buyout since the financial crisis.
Under the terms of the deal, the buyers’ consortium, which also includes Microsoft, will pay about $13.65 a share. That represents a roughly 25 percent premium to where Dell’s stock traded before word of the negotiations of its sale emerged.
Dell’s board is said to have met Monday night to vote on the deal.

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