Dell Completes Go-Private Transaction

ROUND ROCK, Texas — (BUSINESS WIRE) — October 29, 2013 — 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.

“Today, Dell enters an exciting new chapter as a private enterprise,” said Mr. Dell. “Our 110,000 team members worldwide are 100 percent focused on our customers and aggressively executing our long-term strategy for their benefit.”

About Dell

Dell Inc. listens to customers and delivers worldwide innovative technology, business solutions and services that give them the power to do more. For more information, visit www.dell.com.



Contact:

Dell
Media Contacts: 512-728-4100
David Frink, 512-728-2678
Email Contact
or
Marc Bien, 512-728-0910
Email Contact
or
Investor Relations Contacts:
David Mehok, 512-728-4225
Email Contact
or
Karina Franco, 512-728-5224
Email Contact

Featured Video
Jobs
Business Development Manager for Berntsen International, Inc. at Madison, Wisconsin
Manufacturing Test Engineer for Google at Prague, Czechia, Czech Republic
Machine Learning Engineer 3D Geometry/ Multi-Modal for Autodesk at San Francisco, California
Equipment Engineer, Raxium for Google at Fremont, California
Senior Principal Software Engineer for Autodesk at San Francisco, California
Mechanical Engineer 3 for Lam Research at Fremont, California
Upcoming Events
Coastal GeoTools 2025 Conference at 301 North Water Street - Jan 27 - 30, 2025
Commercial UAV Expo Europe 2025 at Amsterdam Netherlands - Apr 8 - 10, 2025



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation TechJobsCafe - Technical Jobs and Resumes  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise