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Blackstone Group Cancels Dell Takeover Bid

Blackstone Management Partners LLC has withdrawn its bid to acquire Dell (NASDAQ: DELL) following its due diligence process.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... 

Report: Dell Nearing Buyout Deal, Microsoft Involved

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... 

Report: Dell Offers $2.3B For Quest Software, Competing Against Private Equity Firm

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... 
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