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Dell considering sale to VMware in reverse merger

In what would be biggest tech deal ever, CEO Michael Dell aims to pay down debt and consolidate power

Published Tue, Jan 30, 2018 · 09:50 PM
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AFTER years of creative corporate structures and financial manoeuvring, Michael Dell is finally ready to bring all the pieces of his technology empire under one, publicly traded roof.

Dell Technologies Inc is considering a sale to VMware Inc in a reverse merger, CNBC said, quoting sources. The company may also pursue a traditional initial public offering, but a reverse merger would allow Dell to avoid a new public offering, CNBC said.

Dell currently owns 80 per cent of…

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