Around the Net
Dell Prepping Second IPO
- Bloomberg, Monday, July 2, 2018 9:12 PM
Five years after its leveraged buyout, Dell is eying another IPO. “The tech giant will return to public markets by buying out its tracking stock, DVMT, in a cash and share-swap deal valued at $21.7 billion,” Bloomberg reports, citing a company filing. “The move aims to simplify Dell’s tangled corporate structure without weighing on its balance sheet.”
