Dell has said he would buy back the world's number three PC-maker, which he founded and carries his name.
Along with technology investor Silver Lake, and with financial backing from Microsoft, he is offering to buy the firm for $24.4 billion.
According to report, the move will take Dell off the NASDAQ stock exchange after 25 years.
Dell hopes to turn the tide for a firm that has struggled to compete with cheap Asian rivals and the boom in smartphones and tablet computers.
The buy-out of the remaining shares will be carried out by a consortium made up of Dell himself, his investment fund, and Silver Lake. It will be financed by loans from four banks and by a $2 billion loan from Microsoft.
Analysts said the move would give Dell greater flexibility in turning the company around, by dispensing with the need to deliver strong results every quarter to shareholders on the stock market.
Curled from BBC NEWS.
- Leonard Chimbalanga and Bright Lyricle Gentlebishop Ichenwo like this.
- Endy Edeson @Malachy, yeah. you can make it just like MICHAEL DELL. is all about determination, passion and foresight.
- Bright Lyricle Gentlebishop Ichenwo YEAH, FOR SOME TIME I WAS'NT REGULAR ON FB LIKE BEFORE BUT M BACK ON TRACK AGAIN FOR NOW.
DELL IS GOOD BUT I PREFER HP CAUSE ITS MUCH STRONGER.
MY FREND AND I BOUGHT PC 2009, HIS OWN WAS DELL WHILE MINE IS HP, MINE IS STIL ALIVE AND HIS OWN IS DEAD...See More - Endy Edeson @Bright. ok. yeah. DELL and HP are big computer companies. well, i have a DELL desktop and HP Laptop. HP is good and DELL is also good
- Malachy Ogemdi Pls i bought hp laptop 4 like 2yrs now & it hz bin active al dis while, bt al of a sudden it stps powering unless i plug it. Wht cud b d cause @ Endy & Bright?
- Endy Edeson @Malachy, change the battery of your laptop. it could be that your laptop battery is weak.
- Endy Edeson @at least 4 years or more than that. but you have to take your REPAIR guys for proper check. it could be the battery or something else internal
- Leonard Chimbalanga @Endy&Malachy according 2 explanation its abattery it self needs 2 be changed with a new one.
