Dell to be taken private in $24B deal

Dell announced recently that its founder, Michael Dell and a group of investors, plan to take the company private. Of course, this is subject to Dell’s shareholders approving the idea of the $24 Billion dollar buyout.

Dell’s stock price may be one of the major reasons for the buyout, as it’s pretty low right now. Another reason may be that the investors want to reorganize the computer giant, without the transparency of a public company.

The deal is scheduled to close around March.

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