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Tuesday, July 3, 2018

Dell to Return to Public Markets With Tracking Stock Buyout

Dell Technologies, the world's largest technology company, is planning to go public again, five years after it became a private company, Bloomberg reported • The company said it will buy out its tracking stock (DMTV), created to mirror VMware's value, combining cash and shares for a deal valued at $21.7 billion • VMware will pay shareholders an $11 billion cash dividend, with Dell offering more shares or cash to make up the difference
by Bloomberg via IT Pro - Microsoft Windows Information, Solutions, Tools

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