Dell (DELL) Buyout Announcement Could Come Monday

February 1, 2013 7:07 AM EST
An investment group lead by Michael Dell and Silver Lake Partners are nearing a deal to take Dell (Nasdaq: Dell) private, according to Reuters.

Reports say a deal could come as soon as Monday. Michael Dell will be taking a majority stake, with Silver Lake and Microsoft (Nasdaq: MSFT) taking minority stakes in the PC maker. Final price has not been determined, but the latest rumors say the price could be as high as $15 per share.

Shares of Dell last traded at $14.35 in pre-open action, up 8.4 percent.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Mergers and Acquisitions, Private Equity, Rumors, Trader Talk

Related Entities

Silver Lake Partners, Michael Dell

Add Your Comment