The rumour mill is grinding out reports that Dell may be going private in 2013. Bloomberg News reported that the company is in talks with private equity firms regarding a potential buyout, which sent its share price up by 13%.
The report also notes that any talks are preliminary and may amount to nothing. It is believed that a leverage buyout could be worth about $20-billion.
The company’s founder, Michael Dell, owns 16% of its stock.Dell is battling in the shrinking PC market, where its share has been declining.
The report also notes that any talks are preliminary and may amount to nothing. It is believed that a leverage buyout could be worth about $20-billion.
The company’s founder, Michael Dell, owns 16% of its stock.Dell is battling in the shrinking PC market, where its share has been declining.