Dell May Announce Takeover Of EMC Worth $50 Billion Today

Just a few days back, WSJ had reported that Dell may be on its way to takeover the data storage company EMC in a deal which could be anywhere around $50-$60 billion. According to recent developments reported by Recode, the deal could be announced as early as today.

The deal may come down to $30 per share including  cash amounting to $27.25 per EMC share and the additional value of tracking stock to account for the value of EMC’s stake in the cloud software firm VMware. This would put...

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