Monday, February 4, 2013

Dell buyout reportedly near


This could be a busy week for one of the world's top personal computer makers. Let's take a look at the technology stocks to watch:
Dell deal near? Shares of the Texas-based company have dropped 1.5% at $13.42, as reports swirl on a buyout that would take them private.
According the Bloomberg, founder Michael Dell is working with firm Silver Lake Management on a deal that would give him majority control of the company. Microsoft is reportedly adding funds to help usher the deal along.
Rumors of a buyout first reported in mid-January have helped give Dell stock a lift, with shares vaulting $3 since January 11.

http://www.usatoday.com/story/tech/2013/02/04/tech-stocks-monday-dell/1890091/
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