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Dell Votes in Favor of Going Public Again

Stock Market Data Today
  • Dell announced Tuesday that it has agreed to buy back the publicly traded "tracking" shares of VMware, a listed company that is about 80% owned by Dell.
  • The company confirmed the purchase price of $120 per share of the tracking shares for a total of $23.9 billion.
  • After the deal is completed, Dell will go public again without having to go through the usual initial-public-offering process and will trade on the New York Stock Exchange starting on December 28...
Mentions: Carl Icahn acquisition Morgan Stanley