Wednesday, January 16, 2013

Dell Buyout Plans Move Forward

The plans by Round Rock-based Dell to go private look to be advancing, according to widespread reports Tuesday evening, which say that discussions with private equity firm Silver Lake Partners are valuing the firm at around $13 to $14 a share. According to the WSJ, citing a "person familiar with the matter", the two are discussing the structure of a leveraged buyout, which might possibly include a pension or sovereign wealth fund, plus founder Michael Dell.