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  • October 23, 2014
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  1. News - World

    Dell delays vote on $24.4 billion buyout offer in sign it needs time to rally support

    Posted Jul 18th 2013, 09:19pm by AP

    ... ROUND ROCK, Texas (AP) — Dell delays vote on $24.4 billion buyout offer in sign it needs time to rally support. ...

  2. Business - Companies

    Dell’s quarterly profit plummets as PC sales shrink

    Posted Aug 16th 2013, 09:41am by Reuters

    ... Edwin Chan in San Francisco Dell, the PC maker embroiled in a takeover battle between its founding chief executive and activist investor Carl Icahn, on Thursday reported a 72 per cent slide in quarterly earnings as PC sales extended their downward spiral. Dell once led the world in computer sales and was held up as a model of production-chain innovation, but in recent years ...

  3. Business - Companies

    Dell founder stands firm on buyout offer as vote delay mulled

    Posted Jul 17th 2013, 11:59am by Reuters

    ... Reuters in San Francisco Dell founder Michael Dell and his private equity partner Silver Lake would not raise their US$24.4 billion (HK$189.3 billion) bid for the world’s No. 3 PC maker even if a vote on their offer is delayed, two people familiar with the matter said. The outcome of a shareholder vote scheduled for Thursday on the offer is too close to call. Dell may decide ...

  4. Business - Companies - ACQUISITIONS

    Blackstone backs out of Dell bid as PC sales fall

    Posted Apr 19th 2013, 03:08pm by Bloomberg

    ... Bloomberg in New York Blackstone backs out of Dell bid as PC sales fall Blackstone pulled out of bidding for Dell amid concerns about the personal-computer maker's finances and the worsening outlook for global PC sales. In a letter to Dell's board, Blackstone cited an "unprecedented" 14 per cent market decline in PC volume in the first quarter, according ...

  5. Business - Companies - TECHNOLOGY

    Dell's stagnant sales raise pressure for buyout

    Posted Apr 01st 2013, 12:00am by Bloomberg

    ... Bloomberg Planned turnaround remains elusive as suitors haggle over deal with struggling PC maker Dell's stagnant sales raise pressure for buyout Dell's board is predicting ... ending in January will slip to US$56.5 billion, and Dell's PC business will shrink by US$10 billion over four years, according to projections in a proxy statement filed with regulators. Its ...

  6. Business - Companies

    Icahn urges Dell shareholders to seek higher price in court

    Posted Jul 11th 2013, 12:18pm by Reuters

    ... Reuters in San Francisco Carl Icahn says offer from Michael Dell and private equity firm Silver Lake undervalues the PC maker Billionaire investor Carl Icahn plans to seek a higher price for his Dell shares in court and urged other investors to do the same, in an effort to block Dell founder Michael Dell’s US$24.4 billion (HK$189.3 billion) buyout offer ahead of a key shareholder ...

  7. News - World - ITALY

    Berlusconi ally arrested in Lebanon ahead of mafia ruling

    Posted Apr 13th 2014, 01:46pm by Agence France-Presse in Rome

    ... Agence France-Presse in Rome Marcello Dell'Utri, a close confidante of former Italian premier Silvio Berlusconi, detained in Beirut over alleged ties to organised crime An ex-senator ... came the day after the anti-mafia prosecutor’s office said a warrant for Marcello Dell’Utri had been issued on Tuesday but that he was “unreachable”. Dell’Utri himself had issued a statement ...

  8. Business - Companies - COMPANIES

    Dell buyout vote delayed amid Icahn-led shareholder mutiny

    Posted Jul 18th 2013, 11:02am by AP

    ... Associated Press in Round Rock, Texas Dell buyout vote delayed amid shareholder mutiny Dell postponed a crucial vote on CEO Michael Dell’s US$24.4 billion buyout offer to July 24, buying ... on Thursday. Dell shares climbed 2 per cent to US$13.15, still lagging the US$13.65 that Michael Dell and his private equity partner are offering shareholders. Vanguard and BlackRock had previously ...

  9. Business - Companies - COMPUTERS

    Dell goes private in US$24b buy-out

    Posted Feb 06th 2013, 01:03am by Associated Press

    ... Associated Press in Round Rock, Texas Founder takes Dell private in landmark US$24.4b deal The personal computer maker Dell is bowing out of the stock market in a US$24.4 billion buyout that represents the largest deal of its kind since the current recession dried up the financing for such risky manoeuvres. The complex agreement, announced yesterday, will allow Dell's management ...

  10. Business - Companies - TECHNOLOGY

    Dell in buyout talks with private-equity firms

    Posted Jan 15th 2013, 12:09pm by Bloomberg

    ... Bloomberg in New York Dell shares surge on report it may go private Dell, the personal-computer maker that lost almost a third of its value last year, was in buyout talks ... as of January 11. Taking the company private could help Dell accelerate efforts to revive growth and cope with competition without quarter-by-quarter scrutiny from public shareholders. Chief executive ...




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