Around the Net
Dell In Buyout Talks
- Reuters , Wednesday, January 16, 2013 9:32 AM
At least four major banks are lined up to provide financing Dell's move to privatization, per sources. Buyout firm Silver Lake Partners, which is leading the deal, tapped Credit Suisse, Bank of America Merrill Lynch, Barclays and RBC late last year to finance a potential deal, the sources said on condition of anonymity, because details have not been made public. JPMorgan is advising Dell on a potential buyout of the $19 billion company.
