Michael Dell coughs up $750 million cash to buy out Dell
SAN FRANCISCO (Reuters) – Michael Dell and his investment firm are ponying up $750 million in cash toward the $24.4 billion purchase of Dell Inc to help bankroll the largest private equity-backed buyout since the financial crisis. The Dell founder and CEO this week struck a deal to take private the company he created out of a college dorm room in 1984, partnering with private equity house Silver Lake and Microsoft Corp. …
Read the original:
Michael Dell coughs up $750 million cash to buy out Dell
Leave a Reply
You must be logged in to post a comment.
