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Dell can buy back VMWare shares
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Dell can buy back VMWare shares
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17th December 2015, 07:14
| #1 |
| [M] Reviewer  Join Date: May 2010 Location: Romania
Posts: 148,618
 |  Dell can buy back VMWare shares Tinbox shifter Michael Dell said he could write a $3 billion cheque to buy back VMWare tracking stock to help finance its EMC acquisition. This is important as it shows that Dell is working out ways to jack-up VMware’s value. The plans to issue a tracking stock have weighed on VMware’s common shares, which have lost a quarter of their value since the acquisition of EMC was announced in October. Under the deal, EMC shareholders will receive 0.111 VMware tracking share for each EMC share, a move intended to give investors exposure to VMware, which is growing faster than EMC. http://www.techeye.net/uncategorized...-vmware-shares |
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