Can privately held Dell be a cloud power?
Without the nagging distractions of shareholders, will Dell be able to execute on ambitious cloud-and-services plans to grow beyond hardware? As of today, we’ll start finding out.
Without the nagging distractions of shareholders, will Dell be able to execute on ambitious cloud-and-services plans to grow beyond hardware? As of today, we’ll start finding out.
This is a return trip for Gillett, who joined Silver Lake in 2009. He’s returning now as managing director and chief of value creation.
The take-private deal, valued at just under $25 billion, was approved by shareholders, according to a preliminary count.
Dell’s special board committee agreed to consider a sweetened offer for the company and postpone the shareholder vote on it but don’t expect Carl Icahn to simmer down.
The Dell will-it-go-private saga continued Friday as a compromise appeared to be in the works.
… but he won’t agree to sell off assets or to borrow money to pay off investors, he tells the Wall Street Journal.
Dell calls — then adjourns — special shareholder meeting that was to vote on Michael Dell-Silver Lake Partners’ $24.4 billion buyout offer.
In a move that surprised some, Institutional Shareholder Services came out in favor of Michael Dell and Silver Lake Partners’ $24.4 billion buyout proposal.
It looks like the Blackstone Group and Carl Icahn will be in the mix to take control of Dell — coming up with offers to rival the bid from Michael Dell and Silver Lake Partners.
Uh oh. Carl Icahn thinks the deal crafted by Michael Dell and Silver Lake Partners to take Dell private for $24 billion woefully underestimates the company’s worth. Stay tuned…