Michael $DELL Will Contribute $1 Billion of His Own Funds To Take a Majority Stake in Going Private

“Michael Dell is trying to get control of Dell, Inc. with as much as $1 billion of his own personal funds. His goal: shift the company’s focus from PC sales to a more enterprise-focused company that can operate without the pressures of being publicly traded.

According to Bloomberg, Dell, who now owns 15.7 percent of the company, may contribute between $500 million to $1 billion to the buyout led by Silver Lake Management with potential support from Microsoft Corp. With the personal investment, Dell’s value in the company would be $3.45 billion….”

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