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Dell Shareholders Approve $25 Billion Buyout To Go Private

wochit business
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September 12, 2013 AT 6:04 AM
Michael Dell and the private equity firm Silver Lake have prevailed in their 14-month effort to convince shareholders in the computing company Dell to take the company private in a leveraged buyout. The final buyout price is $13.75 per share, and includes a 13 cent per share special dividend, for a total price of $13.88, or $24.9 billion.