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Michael Dell and Silver Lake Reach Last-Minute Buyout Deal

wochit business
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August 02, 2013 AT 9:52 AM
Michael Dell and the private equity firm Silver Lake have raised their offer to take the company public to $13.75 a share with a 13-cent per share special dividend. The new deal, reached mere hours before a shareholder vote was scheduled to take place, values the company at nearly $24.9 billion.