POTENTIAL DEAL DETAILS
|Date Announced||01/25/2018||Source||The Wall Street Journal|
Dell Inc. (DVMT) is considering a range of strategic alternatives that could transform the maker of PCs and data-storage devices, according to people familiar with the matter. In the review, which is in a preliminary stage, the closely held technology giant is expected to explore options including an initial public offering and a purchase of the rest of VMware Inc., (VMW) a publicly traded cloud infrastructure company, the people said.
January 30, 2018: The Round Rock, Texas-based company can orchestrate a reverse merger with VMware Inc. (VMW), list itself through an initial public offering, or buy the remaining VMware shares it doesn’t already own. Dell (DVMT) is set to discuss its next moves at a board meeting later this month.
February 02, 2018: U.S. computer maker Dell Technologies Inc (DVMT) and business software provider VMware Inc (VMW) have decided to explore options that could include a potential merger of the two companies, people familiar with the matter said on Thursday.
March 12, 2018: One of VMware Inc.’s (VMW) largest investors called on its board to end talks with Dell Technologies (DVMT) about a potential reverse merger, arguing it would be a “terrible deal” for the company and shareholders.
November 15, 2018: Dell Technologies (DVMT) on Thursday raised its offer to buy back shares tied to its interest in software maker VMware (VMW) to $23.9 billion from $21.7 billion, prompting billionaire investor Carl Icahn to abandon his campaign to scupper the deal.
Disclaimer: Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is "seeking strategic alternatives", ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, Financial Times, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors. There is a high probability that many of these potential deals may not materialize and if they do, the terms of the deal may be different from what was initially reported. Please do your own due diligence before buying or selling any securities mentioned on this website. We do not warrant the completeness or accuracy of the content or data provided.