Sat, Nov 22, 2014, 5:54 AM EST - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

Hewlett-Packard Company Message Board

  • unclefulbert unclefulbert Feb 4, 2013 1:39 PM Flag

    Rumor mill on dell buyout at low end

    Dell Final Price Likely $13.50-$13.75 a Share 02/04 10:05 AM

    --------------------------------------------------------------------------------

    Dell Inc. (DELL:$13.26,00$-0.37,00-2.71%) Monday was finalizing a deal to take the computer-maker private at $13.50-$13.75 a share, said people familiar with the matter, who cautioned that talks are ongoing.

    As currently envisioned, Microsoft Corp. (MSFT:$27.55,00$-0.38,00-1.36%) would invest about $2 billion in the form of a subordinated debenture, a less-risky investment than common stock; Silver Lake Partners, the private-equity firm, would invest more than $1 billion; and the investment firm of Michael Dell, the company's founder and chief executive, would invest about $700 million, the people said. Mr. Dell is also contributing his stake, nearly 16% of the company's shares, worth at least $3.7 billion at the share price envisioned for the deal.

    The people said a final agreement hadn't been reached and terms could shift.

    Monday morning, Dell shares were trading around $13.24, down 2.9%.

    The deal, which would value the company at more than $23 billion, would mark an unofficial end to the era when PCs were the dominant computing device. It would also be the largest such transaction since the financial crisis.

 
HPQ
37.26+0.33(+0.89%)Nov 21 4:00 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
GameStop Corp.
NYSEFri, Nov 21, 2014 4:04 PM EST
Exa Corporation
NasdaqGMFri, Nov 21, 2014 3:59 PM EST