June 19, 2013
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Article Photos: Dell's founder strikes deal to turn it around
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FILE - In this Thursday, March 26, 2009, file photo, Michael Dell, Chairman and CEO of Dell Inc., reacts to a question during a press conference in Beijing, China. Slumping personal computer maker Dell announced Tuesday, Feb. 5, 2013, it is bowing out of the stock market in a $24.4 billion buyout that represents the largest deal of its kind since the Great Recession dried up the financing for such risky maneuvers. billion. Michael Dell, who owns nearly 16 percent stake in the company, will remain the CEO after the sale closes and will contribute his existing stake in Dell to the new company. (AP Photo/Alexander F. Yuan, File)
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