Dell Keeps Pushing for Buyout
Round Rock-based Dell is defending its decision to go private, despite growing concerns from some major shareholders.Dell issued a statement today reasserting that taking the computer maker private is...
View ArticleSecond Dell Shareholder Opposes Buyout
Another major shareholder of Dell says the Round Rock-based computer company is shortchanging its shareholders on a buyout offer to take the company private. T. Rowe Price CEO Brian Rogers said in a...
View ArticleThe Lead: Lege Debates Education Policy, Dell’s Quarterly Earnings
Good morning. The National Weather Service says Austin’s in for a cloudy and wet day with a high approaching 60 – and a chance for severe storms later tonight.Lead Story: Texas’ standardized testing...
View ArticleWhy is Dell Stock Rising?
Shares of Dell stock closed today at $13.92.That’s 27 cents per share higher than the price Michael Dell and his co-investors have offered, in their efforts to purchase the computer and IT services...
View ArticleThe Lead: SXSW EDU, Texas and Gun Background Checks, Dell Shareholders’...
Good morning. The National Weather Service says Austin’s in for a partly cloudy and cool day, with a high in the mid-60s.Lead Story: This year’s array of South by Southwest conferences started this...
View ArticleThe Lead: Labor Deal at Capital Metro, Dell Stands Behind Buyout Offer,...
Good morning. Austin's in for partly cloudy weather with a seasonal high in the 70s, according to the National Weather Service.Lead Story: There’s a new two-year labor contract for Austin bus...
View ArticleDell Grants Billionaire Investor Icahn a Look at the Books
Dell has agreed to open its books to billionaire investor Carl Icahn. The company’s founder, Michael Dell, is leading a group of investors who want to buy out the company and take it private for $24.4...
View ArticleDell Deadline Nears
Round Rock-based Dell is facing a key deadline tonight in efforts to take the company private. A so-called “go shop” time period ends at midnight, when a Dell special committee will stop actively...
View ArticleNew Offers For Dell
Michael Dell may need to increase a $24.4 billion offer to buy out one of the largest employers in Central Texas. That’s after two new acquisition offers emerged today for Round Rock-based Dell.
View ArticleBlackstone Pulls Dell Offer
Michael Dell may be the last man standing as he fights to take his company private. Today, rival bidder The Blackstone Group dropped out.It was David Johnson, formerly Michael Dell’s key turnaround...
View ArticleDell Decision Day: Today's Vote on Buyout Delayed (Update)
Update: Dell is delaying a vote on founder Michael Dell’s offer to buy the company and make it private. The vote was scheduled to happen this morning – but is being pushed back – likely because major...
View ArticleDell Vote Delayed Again: New Deal Includes Higher Offer, Voting Changes
A Dell Special Committee has reached a deal with founder Michael Dell. It raises his bid to buy the company by 10 cents per share but also changes some of the voting rules.Instead of counting votes not...
View Article'Limited Number' of Dell Employees Laid Off
One of the largest employers in the Austin area is shedding a "limited" number of jobs.According to company spokesperson David Frink, the layoffs affected people in Central Texas and around the world....
View ArticleCarl Icahn Won't Fight Dell Deal Any Longer
Investor Carl Ichan says he will not longer fight Michael Dell’s bid to take his namesake company private.For the last several months, Michael Dell – who began selling PCs from his dorm room at the...
View ArticleDell Shareholders OK Buyout Offer (Update)
Update: Dell stockholders approved Michael Dell's buyout offer this morning, according to a preliminary vote tally.“I am pleased with this outcome and am energized to continue building Dell into the...
View ArticleNew Dell Tablet Leaked Online?
Round Rock-based Dell Inc., one of the largest employers in Central Texas, may be on the verge of launching a new tablet computer. PC World reports on a leaked video that appears to reveal the Dell...
View ArticleDell Could Benefit From HP Selling Its PC Business
Hewlett-Packard is going to sell its PC business, according to reports in the Wall Street Journal and elsewhere. HP is currently the world’s largest PC maker. Round Rock-based Dell is the second...
View ArticleWhat Does HP's Decision To Keep PC Business Mean For Dell?
Dell’s hopes of regaining the throne of the world’s largest maker of personal computers have been dashed, at least temporarily. Hewlett-Packard says it will no longer spin off its $40 billion PC...
View ArticleDell Buying Quest Software for $2.4 Billion
Round Rock-based computing company Dell announced a deal to purchase Quest Software for $2.4 billion today.Founded in 1987, Quest Software offers IT management solutions to corporate clients, including...
View ArticleDell Confirms Central Texas Job Cuts
One of the biggest employers in Central Texas is cutting jobs.Dell let affected employees know about the reductions yesterday. The company says the cuts are in an effort to remain competitive and...
View ArticleWill the Tablet’s Rise Mean More or Fewer Layoffs at Dell?
The largest corporate employer in Central Texas, Dell, has sent out pink slips to an undisclosed number of workers. Despite acquisitions designed to broaden the company’s enterprise services, a slowing...
View ArticleWhat's Behind Dell's Shopping Spree
In an widely-circulated blog post titled "Hardware is Dead," investment banker Jay Goldberg shocked the tech world by describing what he discovered in a tiny stall inside a Chinese electronics market....
View ArticleDell Loses Senior Executive
Until yesterday, Dave Johnson was a part of computer company Dell’s strategy to turn the once-dominant company around. But Dell declared yesterday that Johnson is ditching the tech industry altogether...
View ArticleReport: Dell Could Go Private
Shares in computer-maker Dell Inc. surged by 13 percent Monday on rumors the Round Rock based company could go private. Bloomberg News cites anonymous sources as saying Dell is in talks with at least...
View ArticleHow a Private Dell Deal Might Go
Update: This article has been edited to correct when Larry Stern saw fliers for Dell on the UT campus. It was not 1981, but some point later in the 1980s.Dell says that recent talk of a buyout is only...
View ArticleUT's New Medical School Now Has a Name: Dell
The Michael and Susan Dell Foundation announced a ten year commitment to turn Austin in a center of health care excellence. The foundation is donating $50 million to the University of Texas’s new...
View ArticleMichael Dell Taking Company Private (Updated)
Update: Dell's announcement this morning has thousands of Austin employees wondering how going private will affect them.John Doggett is a Senior Lecturer at UT’s McCombs School of Business. He expects...
View ArticleLawsuit Claims Dell Buyout is at Expense of Shareholders
Dell Inc. is facing a lawsuit. It was filed in Delaware on Wednesday.The lawsuit accuses founder and CEO Michael Dell and other company directors of breaching their fiduciary duties by failing to...
View ArticleDell Inc. Comes With Pile of Cash
If you’re spending $24 billion to buy a company, it’s important to know that that company also has $14 billion in cash. That’s Dell’s situation exactly, according to its most recent financial filings....
View ArticleDell Shareholder Wants to Block Buyout
A company that owns a stake in Dell says it plans to use “all options at its disposal” to stop a $24 billion buyout of the Round Rock-based company. Southeastern Asset Management is based in Memphis...
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