Dell buyout

Dell completes $24.9 billion buyout deal to go private

"Today, Dell enters an exciting new chapter as a private enterprise," Michael Dell said in a statement.

Oct 29, 2013, 23:33 PM IST

Icahn caves on Dell again, will not seek share rights

Activist investor Carl Icahn, who ended his months-long campaign against Michael Dell's planned buyout of Dell Inc(DELL.O) last month, on Friday signaled his final retreat from the struggling personal computer maker.

Oct 04, 2013, 22:22 PM IST

Dell shareholders approve founder's offer to take firm private

Michael Dell's efforts to take the firm private had hit a stumbling block as he faced stiff resistance from billionaire activist investor Carl Ichan and money manager Southeastern Asset Management.

Sep 13, 2013, 16:56 PM IST

Dell to invest more on PCs, tablets after $25 billion buyout win

End-user computing, defined as devices such as PCs and tablets, remains an important focus for the company despite the rapid decline of the global personal computer market, the CEO told reporters briefly, without elaborating or taking questions.

Sep 13, 2013, 15:55 PM IST

Michael Dell, Silver Lake win shareholder OK for $25 bn buyout

Michael Dell clinched shareholder approval on Thursday for his $25 billion offer to buy and take Dell Inc private, ending months of conflict with the company's largest investors and removing the uncertainty surrounding the world's No. 3 PC maker.

Sep 12, 2013, 23:16 PM IST

Dell launches $5.5 billion loan to back leveraged buyout

A lender meeting was held today in New York City. Michael Dell was on the agenda to discuss the company.

Sep 12, 2013, 09:22 AM IST

Icahn bows out of battle for control of Dell

Activist investor Carl Icahn said on Monday he was bowing out of an effort to block founder Michael Dell's proposed buyout of Dell Inc, determining "it would be almost impossible to win."

Sep 09, 2013, 23:26 PM IST

Michael Dell's new $24.8 bn bid to take firm private gets nod

Besides, the voting on a proposal to take Dell private by its founder and investment firm Silver Lake Partners has been delayed to September 12.

Sep 02, 2013, 09:55 AM IST

Dell's quarterly profit plummets amid buyout brawl

Dell's fortunes remain closely tied to PC sales, which still yield about half of revenue.

Aug 16, 2013, 09:11 AM IST

Dell's buyout teeters as it rejects voting change

A person familiar with the matter later said Dell's chief executive and Silver Lake expect their deal to collapse unless there is a change in how shareholder votes are counted.

Aug 01, 2013, 09:13 AM IST

Michael Dell hikes buyout offer, demands voting-rules change

The vote on the buyout was postponed for a second time, to next Friday, to give investors yet another week to consider. The first vote had been slated for July 18.

Jul 25, 2013, 09:09 AM IST

Dell says Blackstone has withdrawn buyout bid

Dell announced Friday that the bidding consortium led by Blackstone Management Partners, initially interested in acquiring Dell, has decided not to make an offer after all.

Apr 19, 2013, 20:16 PM IST

CCI clears proposal for buyout of Dell

Fair trade regulator CCI has approved a proposed buyout of US-based global computing giant Dell Inc by its founder and chief Michael Dell, saying the deal will not impact competitive landscape in Indian market.

Apr 18, 2013, 21:48 PM IST

Dell profit plummets 31% ahead of $24 billion buyout

The founder and CEO did not join in management discussion of the results in a conference call with analysts.

Feb 20, 2013, 11:07 AM IST

Dell’s $24.4 billion buyout plan faces strong opposition

Harris Associates LP, Yacktman Asset Management and Pzena Investment Management LLC are objecting to the buyout.

Feb 09, 2013, 10:14 AM IST

Silver Lake close to $15 bn financing for Dell buyout

Private equity group Silver Lake Partners who is the frontrunner for buyout of Dell Inc is close to arranging about USD 15 billion in financing for the deal.

Jan 17, 2013, 10:15 AM IST

Dell in talks to go private: Report

Dell Inc shares surged late Monday on reports that the computer maker is in talks to go private.

Jan 15, 2013, 09:24 AM IST