Dell (DELL) Could Get More than $15/Share in 'Go Private' Deal

February 1, 2013 9:01 AM EST
Earlier, it was reported that a announcement regarding Dell, Inc. (Nasdaq: DELL) might come early next week, possibly on Monday, February 4, 2012.

That deal was pegged at about $15 per share. However, the NY Post thinks that the price tag might call for a $16 per share bid, valuing Dell at over $27 billion (from a current market cap of $23 billion).

Microsoft (Nasdaq: MSFT) may contribute up to $2 billion, while private equity firm Silver Lake would take care of about $15 billion in financing. It's also said that founder and CEO Michael Dell might add a good portion of this 15.7 percent stake to the cash portion of the deal in order to maintain majority control of the company.

JPMorgan is serving as lead advisor, while Evercore is advising Dell's special committee.

Shares are indicated for a higher open Friday.

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

JPMorgan, Michael Dell

Add Your Comment