ROUND ROCK, Texas (AP) — Slumping personal computer maker Dell is selling itself for $24.4 billion to its founder and a group of investors that includes Microsoft.
It's the largest deal of its kind since the Great Recession dried up financing for risky maneuvers like this.
The complex agreement announced Tuesday will end Dell Inc.'s nearly 25-year history as a publicly traded company. Shareholders are receiving $13.65 per share for their stock.
The deal reflects Dell's desire to engineer a turnaround attempt away from the glare and financial pressures of Wall Street.
Founder Michael Dell will remain the company's CEO and largest shareholder. He already owned a nearly 16 percent stake in the company, which is based in Round Rock, Texas.
Microsoft Corp. is taking part in the deal with a $2 billion loan.
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We're learning more about what it will take to find out what caused a major fire in downtown Ripon Wednesday.
After almost 80 years, a piece of naval history is on its way home. A model of the Japanese luxury liner Hikawa Maru is being packed up in Manitowoc and returned to Japan.
Visitors to Green Bay's Neville Public Museum will soon see hours slashed. The county-owned attraction is cutting access starting the first of the year.
An 11-foot-long model of the Japanese passenger liner Hikawa Maru is being sent back to Japan after 34 years at the Wisconsin Maritime Museum in Manitowoc.
Area volunteers are making a difference in the community this holiday season. At this time of the year, many people are looking for ways to help their neighbors. The Salvation Army is one of the many places where you can do just that.
For the second year in a row, St. Norbert College could house overflow of homeless people from the St. John the Evangelist shelter in Green Bay.