Tag: EMC

Dell, EMC deal might be derailed

Dell, EMC deal might be derailed

Written by on November 11, 2015 in News with 0 Comments

(Reuters) – Dell Inc’s $67 billion offer to buy data storage company EMC Corp could be derailed by a tax bill of up to $9 billion, technology news website Re/code reported on Tuesday, citing sources familiar with the matter. Certain key aspects of the deal, particularly a tracking stock, may not qualify for the sort […]

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Whatever happens, EMC owes Dell $2.5 billion

Whatever happens, EMC owes Dell $2.5 billion

Written by on October 14, 2015 in News with 0 Comments

(Reuters) – EMC Corp said it would pay Dell Inc up to $2.5 billion in termination fees if the data-storage company accepts a “superior proposal”. The company will have to pay about $2 billion before the expiry of the 60-day ‘go-shop’ period, during which it can solicit other bids, and $2.5 billion after the expiry on […]

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Dell to buy EMC, creates tech powerhouse

Dell to buy EMC, creates tech powerhouse

Written by on October 12, 2015 in News with 0 Comments

(Reuters) – Computer maker Dell Inc said on Monday it had agreed to buy data storage company EMC Corp in a $67 billion record technology deal that will unite two mature companies and create an enterprise tech powerhouse. The acquisition will help privately held Dell diversify away from a stagnant personal-computer market and give it […]

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