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After several weeks of rumors, which started around January 11, 2013, Dell announced on February 5, 2013, that it had struck a $24.4 billion (equivalent to $31,470,000,000 in 2023) leveraged buyout deal, that would have delisted its shares from the NASDAQ and Hong Kong Stock Exchange and taken it private.
Dell officially announced its plans to go private this week, finally setting the rumors to rest. While the news comes as no surprise to frequent Foolish readers, it is still a monumental event for ...
The proposed management-led buyout of Dell Inc. (NASDAQ: DELL) is far from being without controversy. When the deal was still in the rumor stage, we came up with a maximum valuation of $15.00 per ...
Date Company Business Country Value () References June 8, 1999: NaviSite [note 3]: Internet service provider United States [38]July 21, 1999: Com2001.com Internet community software
On March 1, 2024, Dell's net worth crossed the $100 billion mark, after Dell, Inc. reported an earnings beat, pushing the stock up 32% in the trading day and adding $13.7 billion into his fortune from $90.6 billion to $104.3 billion according to Bloomberg Billionaires Index, making him the 12th-richest person at that time. [45] [2] [46]
Dell Inc. (NASDAQ: DELL) may have found a way out of its woes as a public company. If you remember all of the private equity and leveraged buyout talks from the past, they are back, Dell shares ...
On December 31, 1997, Microsoft acquired Hotmail.comfor $500 million (~$882 million in 2023), its largest acquisition at the time, and integrated Hotmail into its MSNgroup of services.[3] Hotmail, a free webmailservice founded in 1996 by Jack Smithand Sabeer Bhatia,[4]had more than 8.5 million subscribers earlier that month.