February 05, 2013 at 10:10 AM EST
Tech News: Dell Will Go Private and Twitter's Vine Has a Porn Issue
Bloomberg Link: Dell Taken Private as PC Market Slump Hastens $24 Billion Buyout "Dell Inc. (NASDAQ:DELL) the world’s third-biggest maker of personal computers is going private in a deal valued at $24.4 billion undertaking the biggest leveraged buyout since the financial crisis. "Chief Executive Officer Michael Dell and Silver Lake Management LLC will pay $13.65 a share the companies said today in a statement. That’s 25% more than the closing price of $10.88 on Jan. 11 the last trading day before the buyout discussions became public. Michael Dell is taking back majority control of the company he started almost ...
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