The Blackstone Group has pulled out of the race to buy Dell. The investment group, together with tech investors Insight Venture Partners and Francisco Partners, had made an original offer of $14.25 per share (£9.28). Further ...
Tags: dell, Computer Products
Blackstone Group has given up its bid for Dell, less than a month after the private-equity fund manager said it was planning to top an offer from founder Michael Dell and private-equity firm Silver Lake Partners. In the so-called ...
Tags: Computer Products, software
Dell remains committed to Microsoft's Windows RT, despite the poor market reception to the OS and a decline in prices of related tablets. The company has "future generations" of its XPS 10 tablet, which runs Windows RT, under development, ...
Tags: dell, Computer Products, PC
Personal computer industry pioneer Michael Dell would "invest for growth" and compete aggressively in new markets if his plan to take the company he founded private succeeds, according to a new memo. The company founder, in a message to ...
Dell blamed Microsoft's Windows 8 as one of several causes for its grim financial future, according to a filing with securities regulators. "The difficult environment faced by the Company as a result of its underperformance relative to a ...
Tags: DELL, Computer Products, software
Dell last week released a filing to the US Securities and Exchange Commission (SEC) that highlighted commercial considerations that led to the firm looking to go private, citing the financial outlook for the PC market as a primary reason. ...
Tags: Computer Products, dell, software
DELL'S financial advisers tried to persuade 71 potential bidders to make an offer for the troubled personal computer maker before two of them emerged to challenge a proposed $24.4 billion deal with the company's founder, according to ...
Blackstone Group has reportedly sent a preliminary counter-bid to buy out Dell, which would rival the current proposed offer of US$24.4 billion from Silver Lake Partners and Michael Dell made in early February. Blackstone, an equity firm, ...
Tags: Blackstone, Dell, financial services
A special committee of Dell board members is apparently looking at takeover proposals to rival original owner Michael Dell's private offer of $24.4bn (£16bn). According to source quoted by Reuters, higher bids from Investment group ...
Tags: Dell, Takeover Bids, Computer
Dell has received two counter-offers related to its plans to go private, with rival bids coming in from private equity fund manager Blackstone and entities associated with investor Carl Icahn. Reports of the offers surfaced in recent ...
Tags: Dell, Blackstone, Icahn Group
Blackstone Group has reportedly sent a preliminary counterbid to buy out Dell, which would rival the current proposed offer of US$24.4 billion from Silver Lake Partners and Michael Dell made in early February. Blackstone, an equity firm, ...
Tags: Blackstone, Dell, Counterbid
Dell on Monday said it had signed a confidentiality agreement with investor Carl Icahn, who has vocally opposed the company's proposed plan to be acquired for $24.4 billion in a leveraged buyout. In a brief statement, Icahn Enterprises ...
Michael Dell is facing new opposition to his plan to take his eponymously named company private after "activist investor" Carl Icahn demanded a $15.7bn (£10.4bn) special dividend. The billionaire investor wants to force Dell to pay ...
Tags: Dell, Carl Icahn, company news
Icahn, in a letter made public by the company's board of directors, said the plan to take the company private in a $US24.4 billion ($A23.9 billion) buyout led by founder Michael Dell "is not in the best interests of Dell shareholders and ...
Tags: Icahn, Michael Dell, company news