Dell Completes Go-Private Transaction

[HardOCP News]

Dell today announced the completion of its acquisition by Michael Dell, Dell’s Founder, Chairman and CEO, and Silver Lake Partners, a leading global technology investment firm. Under the terms of the merger agreement, Dell stockholders will receive $13.75 in cash for each share of Dell common stock they hold, plus payment of a special cash dividend of $0.13 per share to stockholders of record as of the close of business on Oct. 28, 2013, for total consideration of $13.88 per share in cash. The total transaction is valued at approximately $24.9 billion.

The transaction was approved by Dell’s stockholders at a special meeting of stockholders held on Sept. 12, 2013. Trading in Dell’s common stock will conclude at the end of business today, and the company has commenced the process to delist its common shares from the NASDAQ Stock Market.

 

[AthlonXP]

Good to hear. I was at Dell 2 weeks ago and the mood there by most was positive.

 

[Spazturtle]

Great, now that Dell is in charge of Dell lets hope things improve for Dell.

 

[cyclone3d]

Let's hope that there service depots stop sucking so much.

 

[schizrade]

Good.

 

[Dark Shade]

Great, now that Dell is in charge of Dell lets hope things improve for Dell.

There's an xzibit meme for this, I know it

 

[Red Falcon]

Good.

 

[Ponder]

Face of the average cat after trying to reach the proper DELL CS department ...