EMC Corp. (EMC) Prelim. Q3 Revenue, EPS Misses Estimates
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Dell to Acquire EMC Corp. (EMC) for $33.15/Share
October 12, 2015 7:05 AM EDT(Updated - October 12, 2015 7:11 AM EDT)
Together with its owners, Michael S. Dell, founder, chairman and chief executive officer of Dell, MSD Partners and Silver Lake, the global leader in technology investing, will acquire EMC Corporation (NYSE: EMC), while maintaining VMware as a publicly-traded company.
Under the terms of the agreement, EMC shareholders will receive $24.05 per share in cash in addition to tracking stock linked to a portion of EMCs economic interest in the VMware business. Based on the estimated number of EMC shares outstanding at the close of the transaction, EMC shareholders... More
