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Carl Icahn comes out swinging against Dell’s $21.7 billion VMware deal that could see it return to the stock market
"Clearly Michael Dell and Silver Lake take us for fools if they think that we would exchange this future value potential for only $94 per share," Icahn said. "I intend to do everything in my power to STOP this proposed DVMT merger."
Huge mergers often include job cuts, and Dell EMC appears to be no exception.
On September 7, EMC's 50,000-ish employees will officially join Dell, which will be renamed Dell Technologies.
To buy EMC, Dell is about to offer $20 billion in secured debt, one of the biggest bond offerings ever
Investors have been lining up to buy these bonds.
Michael Dell's comments about other companies "shrinking their way to success" was basically a jab at his arch-rival Hewlett Packard Enterprise.
The Dell-EMC megamerger has cleared the FTC waiting period, meaning US regulators are OK with it.
EMC CEO gave VMware investors a big sales pitch as to why the proposed acquisition of EMC by Dell for a whopping $67 billion, will be good for them.
PC maker Dell was at CES and said that consolidation in the market is helping big players, despite the overall market's troubles.
Hung deals typically occur when a bank provides bridge financing on an acquisition, expecting that loan to be refinanced in the bond market at a later date.
Dell filing shows why it really needs the EMC merger — it lost money last year and revenue is shrinking
For the first time since going private in 2013, Dell gives a peek into its finances in an SEC filing, part of its planned $67 billion acquisition of EMC