Posted on: April 19, 2013 by Luisa Beltran
The Blackstone Group has informed Dell’s Special Committee of the Board that it will not submit a definitive bid to acquire the PC maker and is withdrawing from the process.
Posted on: April 19, 2013 by Reuters News
(Reuters) – Blackstone Group LP has ended its pursuit of Dell Inc., three people familiar with the matter said on Thursday, easing the way for founder Michael Dell and his private equity partner Silver Lake to go ahead with a $24.4 billion deal to acquire the world’s No. 3 PC maker.
Posted on: April 17, 2013 by Reuters News
Silver Lake, Michael Dell‘s partner in the $24.4 billion buyout bid for Dell Inc., could receive a $180 million break-up fee if a higher accepted bid comes from a rival such as Blackstone Group LP and billionaire investor Carl Icahn, Reuters reports.
Posted on: April 16, 2013 by Reuters News
Billionaire investor Carl Icahn has agreed to limit his investment in Dell Inc and in return can team up with other shareholders on a potential bid for the personal computer maker, Dell said on Tuesday.
Posted on: March 28, 2013 by Luisa Beltran
A spate of large transactions helped boost deal values by nearly 88% in first quarter, while the number of transactions dropped.
Posted on: March 1, 2013 by Luisa Beltran
Some big transactions helped boost deal values in February. There were 472 U.S. announced mergers last month valued at roughly $127.9 billion, according to data from Thomson Reuters.
Posted on: February 6, 2013 by Luisa Beltran
Yesterday, Dell announced it was being taken private in a $24.4 billion buyout from Silver Lake Partners and Michael Dell. The deal ranks as the biggest tech LBO ever.
Posted on: February 6, 2013 by asormani
This morning check out eight examples of companies ruined by their founders, what the future holds for 4G, Zynga’s plans to make more and spend less and how much Think Big has secured from angel investors.
Posted on: February 1, 2013 by Roland Li
The potential $20 billion deal to take Dell Inc. private, which would be the largest buyout in years, should not be seen as a harbinger of more blockbuster deals, market sources said.
Posted on: January 23, 2013 by Luisa Beltran
Stephen Schwarzman, Blackstone’s CEO, tells Bloomberg News that the buyout shop didn’t look at Dell and he doesn’t think the possible takeover of Dell will herald the return of mega-LBOs.