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Dell cleared for $25 billion buyout, will remain committed to PCs

By Jos ยท 11 replies
Sep 12, 2013
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  1. Dell shareholders have approved a $25 billion buyout proposal led by founder Michael Dell to take the company private. The decision ends months of opposition from shareholders Southeastern Asset Management and activist investor Carl Icahn, the latter of which just...

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  2. treeski

    treeski TS Evangelist Posts: 1,006   +249

    Should be interesting to see what happens. Dell has come up with some really neat products, but often they're not implemented very well.
  3. psycros

    psycros TS Evangelist Posts: 2,661   +2,414

    And just what is Microsoft getting out of the deal, hmmm?? Granted, they've always been tight with Dell, but $2 billion ain't or old time's sake.
  4. MilwaukeeMike

    MilwaukeeMike TS Evangelist Posts: 3,153   +1,411

    Good question... stock options maybe? 4-5% interest at least.

    Props to Dell for not allowing themselves to fade into obscurity. I'd like to know how he's going to 'go back to our roots, focusing on the entrepreneurial spirit that made Dell one of the fastest growing and most successful companies in history." Dell came along right at the beginning of the PC boom, just like Apple snagged the beginning of the smartphone boom. To Dell's credit Gateway isn't a player anymore, so Dell did do pretty well, but I don't see another new market showing up like PCs or Smartphones anytime soon.
  5. kevin_p0

    kevin_p0 TS Rookie

    Dude, you're gettin' a Dell!
  6. captaincranky

    captaincranky TechSpot Addict Posts: 14,779   +3,906

    Yeah, that's exactly what the world needs least of, one more private equity firm.

    If Michael Dell thinks stockholders are a pain in the a**, wait till he gets a load of his new puppet masters.
  7. Railman

    Railman TS Booster Posts: 708   +101

    Private equity firms are taking over businesses as they have an unfair advantage. They are often based off shore so they don't have to worry about domestic taxation on their profits. They are acting like vampires and most Governments are doing very little to curb them.
  8. cliffordcooley

    cliffordcooley TS Guardian Fighter Posts: 11,263   +4,931

    You don't bite the hand that feeds you.
  9. Railman

    Railman TS Booster Posts: 708   +101

    I see you are as cynical as me!
    cliffordcooley likes this.
  10. captaincranky

    captaincranky TechSpot Addict Posts: 14,779   +3,906

    And in turn, you're all as cynical as me....:confused:

    (I get all fuzzy inside when I know that I've been a "good, bad influence").;)
    cliffordcooley likes this.
  11. GhostRyder

    GhostRyder TS Evangelist Posts: 2,151   +588

    Personally, I hope this goes well because ill always have some spot in my heart for them. However, in recent years, I never would recommend a dell to anyone because of the horrid designs and ideas implemented into their machines to hold us back from doing anything to our machines.

    It made me angry when my last dell Laptop had issues with overheating and total system failure about 3 times (IE new motherboard, new HDD twice, and a new GPU). While I still stand by their support being top notch, the fact that ive had nothing but issues from them in recent years detoured my business over to other companies (At least for laptops, have not bought a desktop in about 8 years lol)

    I can see this hopefully moving Dell back to the Dell I used to love.
  12. Jad Chaar

    Jad Chaar Elite Techno Geek Posts: 6,482   +978

    Yeah lets see what happens.

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