Michael Dell buyout Dell and withdrawal of the scholarship
After months of conflict and suspense, the founder of Dell, Michael Dell, has completed the acquisition of the company. At the close of Nasdaq, on October 29th, the company will no longer be listed. November 1st, it will become officially private and will focus on its future goals, unveiled by Michael Dell.
For several months, the future of Dell seemed to play between the clan of Michael Dell and that of Carl Icahn. The first, the company founder, wanted to buy Dell and out of the stock market to reorient activities peacefully. The second major financial investor, opposed it and wanted the company to remain listed. In early September, the majority of shareholders was prepared to follow the project's founder, leading to the withdrawal of Carl Icahn.
Michael Dell, a partner in the investment fund Silver Lake, was able to make the purchase for 25 billion dollars.
The first practical effect is that the October 29, Dell leaves the price at the end of the Nasdaq. From 1 November, Dell will be a completely private company, with only its head, Michael Dell (which owns 75% of shares). the founder did not hesitate to discuss the situation and objectives of Dell.
Dell had recently increased its presence in the PC market, ranking second manufacturers in China and the first companies in the United States.
From now, Dell wants to focus on products and services for businesses. In addition, the company wants to continue to develop and integrate the PC tablet market.
For several months, the future of Dell seemed to play between the clan of Michael Dell and that of Carl Icahn. The first, the company founder, wanted to buy Dell and out of the stock market to reorient activities peacefully. The second major financial investor, opposed it and wanted the company to remain listed. In early September, the majority of shareholders was prepared to follow the project's founder, leading to the withdrawal of Carl Icahn.
Michael Dell, a partner in the investment fund Silver Lake, was able to make the purchase for 25 billion dollars.
The first practical effect is that the October 29, Dell leaves the price at the end of the Nasdaq. From 1 November, Dell will be a completely private company, with only its head, Michael Dell (which owns 75% of shares). the founder did not hesitate to discuss the situation and objectives of Dell.
Dell had recently increased its presence in the PC market, ranking second manufacturers in China and the first companies in the United States.
From now, Dell wants to focus on products and services for businesses. In addition, the company wants to continue to develop and integrate the PC tablet market.
Michael Dell buyout Dell and withdrawal of the scholarship
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