October 30, 2013

When in February the news arrived that Michael Dell (photo ©mikeandryan ), founder and CEO of Dell Inc., wanted to buy back his company, it seemed just a matter of time before the deal could be formalized. Instead, it took months of offers and counter-offers before he could see the end of it. Now the transaction has been completed and under the terms of the agreement Dell’s shareholders will receive $13.75 in cash per share plus a special dividend, again in cash, of $0.13 per share. The total transaction amount is $24.9 billion.