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Dell deal is done: Dell founder takes company private for $13.65 per share


Corey

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Dell Acquisition Details
Following a number of reports suggesting a deal to take Dell (DELL) private was imminent, the company announced on Tuesday that a deal has been reached. Dell founder Michael Dell is leading the charge with investment firm Silver Lake, as reported, and Microsoft (MSFT) will also put $2 billion into the pot. Current Dell shareholders will receive $13.65 per share, a 25% premium over the company's closing price on January 11th, and the deal values Dell at approximately $24.4 billion. Dell closed at $13.27 on Monday. The company's full press release follows below.

 

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