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Blackstone Management Partners LLC has withdrawn its bid to acquire Dell (NASDAQ: DELL) following its due diligence process.
Dell’s special committee received the notice through Boulder Acquisition Corp., a partner in the Blackstone-led group that submitted a takeover offer in late March, Dell said Friday.
Blackstone and its partners offered to...
Dell (NASDAQ: DELL) is nearing a deal for a buyout led byBudget Year California-based private equity firm Silver Lake Management LLC, Bloomberg reports.
Microsoft (NASDAQ: MSFT) could provide some funding and Michael Dell could contribute between $500 million and $1 billion of equity financing for the deal, the report said.
Michael Dell currently holds...
Dell (NYSE: DELL) has offered to buy enterprise management software maker Quest for $2.32 billion, Reuters reported on Monday.
Dell is competing with a buyout group led byBudget Year private equity firm Insight Venture Partners, which originally agreed to buy Quest in March for $23 per share.
According to Reuters, Quest’s board determined this new...