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Technology Stocks : Dell Technologies Inc.
DELL 162.02+0.7%3:59 PM EDT

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From: calgal2/8/2013 12:57:12 AM
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Global Deal: Dell Buyout Plan Includes Bringing Cash to U.S.
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By Ben Worthen and Shira Ovide

Dell Inc. plans to free up about $7.4 billion of its subsidiaries’ cash – much of it held overseas – as part of a deal to take the company private, according to a regulatory filing.

The Round Rock, Texas, company on Tuesday said it accepted an offer from its management team and Silver Lake Partners, a private-equity firm, to go private in a $24.4 billion deal.

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