Dell's shareholders have now approved a plan from the PC company's founder Michael Dell to take the company private again, which will be helped with a $2 billion investment from Microsoft.
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Dell has posted its quarterly earnings report and while its yearly revenue is pretty much flat the company has seen a 72% decline in profits. Dell is also trying to go back to being private company.
Dell founder and CEO Michael Dell has agreed to once again improve his offer to the company's shareholder in his attempt to take Dell back to being a private company.
In a new interview, Dell founder and CEO Michael Dell says he will still like to stay with the PC company he created even if his plan to take the business private fails in an upcoming shareholder vote
Dell has postponed its shareholder vote on going private again, this time to August 2nd, but this time they will have a slightly better share offer from Michael Dell to consider.
PC maker Dell has delayed a planned vote by its shareholders on a proposal to take the company private until July 24th, with reports that the current proposal did not have enough votes.
Billionaire Carl Icahn says he would like to merge the PC businesses of HP and Dell if his efforts to take over Dell is successful. He also claims that the PC industry is "going downhill."
With talks of a Dell buyout breaking earlier this week, it looks like Silver Lakes, the private equity firm looking to complete the deal, has four major banks lined up to finance the deal.
Dell founder and CEO Michael Dell claimed today,"The interest in Windows 8 is quite high." as part of his address at the company's annual Dell World event in Austin, Texas.
During Tuesday's second-quarter earnings call, Michael Dell commented on the potential market performance of upcoming competitor product Microsoft Surface, saying sales will be "relatively small."
Michael Dell, the founder and current CEO of PC maker Dell, said in a new interview that he doesn't see the rise of the smartphone or the tablet as a threat to the PC business.