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After several weeks of rumors, which started around January 11, 2013, Dell announced on February 5, 2013, that it had struck a $24.4 billion (equivalent to $31,470,000,000 in 2023) leveraged buyout deal, that would have delisted its shares from the NASDAQ and Hong Kong Stock Exchange and taken it private.
Dell stock jumped 8% in January, followed by a 14% gain in February. It kept that momentum going in March with a 21% gain, and notched a 9% gain in April. The stock is up 95% year to date. Those ...
A Dell buyout would likely satisfy investors who have witnessed a 40%drop in stock price If it goes private, will it even remain a company, or are we looking at the next Polaroid -- sold for scraps.
Dell’s computer revenue fell 12% to $11.7 billion, “largely driven by a decline in units,” the company said in Thursday’s earnings release. - CNN’s Krystal Hur contributed to this report.
On March 1, 2024, Dell's net worth crossed the $100 billion mark, after Dell, Inc. reported an earnings beat, pushing the stock up 32% in the trading day and adding $13.7 billion into his fortune from $90.6 billion to $104.3 billion according to Bloomberg Billionaires Index, making him the 12th-richest person at that time.
This list of Dell ownership activities delineates mergers, acquisitions, divestitures, and stakes of Dell. Acquisitions and mergers. Date Company Industry
Shares of struggling PC maker Dell have absolutely scorched the market over the past several months, although that performance has very little to do with how Dell's actual business is doing, which ...
Dell EMC. Dell EMC ( EMC Corporation until 2016) is an American multinational corporation headquartered in Hopkinton, Massachusetts, [2] and Round Rock, Texas, United States. Dell EMC sells data storage, information security, virtualization, analytics, cloud computing and other products and services that enable organizations to store, manage ...