After being rumoured for months, Dell has finally made the move official – they’ve gone private. Stockholders will receive $13.65 per share in cash and the total transaction value is said to be at $24.4 billion which will be pooled in through a combination of cash and equity contributed by Michael Dell along with cash funded by investment funds affiliated with Silver Lake, cash invested by MSD Capital, L.P., a $2 billion loan from Microsoft and others.
Michael Dell will continue to remain as the Chairman and CEO of the company and will make additional cash investment.
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