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-   -   Dell can buy back VMWare shares (https://www.madshrimps.be/vbulletin/f22/dell-can-buy-back-vmware-shares-141455/)

Stefan Mileschin 17th December 2015 07:14

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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