Tag Archives: MSD Partners

Michael Dell, chairman and CEO of Dell Technologies (NYSE: DELL), has formed a special purpose acquisition company – MSD Acquisition Corp. – that plans to raise $575 million in funds through an initial public offering, CRN reported Monday. MSD Acquisition intends to offer 50 million investment units at $10 apiece …

New York-based private equity firm Cerberus Capital Management has agreed to pay $18.50 in cash for each outstanding share of Sparton’s (NYSE: SPA) common stock. Sparton said Wednesday its board of directors cleared the transaction, which is expected to conclude in the first quarter of calendar year 2019. Tarek Ajouz, a managing director …

EMC (NYSE: EMC) and Dell are set to continue with their planned merger after the Massachusetts-based data storage company did not receive a “superior” alternative offer during a go-shop process. Dell agreed to acquire EMC in October for about $67 billion in cash and stock to create a combined company that …

Dell has agreed to purchase EMC (NYSE: EMC) through an approximately $67 billion cash-and-stock transaction as both companies seek to create a new enterprise-focused information technology business. Michael Dell said Monday the combined company will pursue growth in the hybrid cloud, mobile,  software-based data center, converged infrastructure, security and digital transformation …