POTENTIAL DEAL DETAILS
Stock | SecureWorks Corp. | Symbol | SCWX |
Date Announced | 08/29/2024 | Source | Reuters |
Type | News Report |
Date of Confirmation: | 10/21/2024 | Price at Confirmation: | $8.47 |
Potential Profit: | -2.98% | Annualized Profit: | -20.51% |
Reuters reported that personal computer maker Dell Technologies (DELL) is again exploring a possible sale of SecureWorks (SCWX).
Round Rock, Texas-based Dell, founded by CEO Michael Dell, has tapped investment bankers at Morgan Stanley (MS) and Piper Sandler (PIPR) to gauge takeover interest from potential acquirers, which include private equity firms.
Dell previously had explored a sale of SecureWorks in 2019, as part of an effort to trim the computer maker’s debt pile.
SecureWorks Corp. Investor Relations
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.