Michael Dell wants to give the money back to the shareholders, take beleaguered Dell private

“Dell Inc., the personal-computer maker that lost almost a third of its value last year, is in buyout talks with private-equity firms, two people with knowledge of the matter said,” Serena Saitto and Jeffrey McCracken report for Bloomberg. “The shares surged.”

“The company is discussing going private with at least two firms, said one of the people, who asked not to be identified because the talks are private,” Saitto and McCracken report. “The discussions are preliminary and could fall apart because the firms may not be able to line up the needed financing or resolve how to exit the investment in the future, the people said. Several large banks have been contacted about financing an offer, one of the people said. The computer maker had a market value of $18.9 billion as of Jan. 11.”

Saitto and McCracken report, “Dell, the third-largest PC maker, is struggling to regain share in the market as consumers switch to tablets, including Apple Inc.’s iPad… CEO Dell owns 15.7 percent of the company, making it easier for firms to put together equity financing for the deal, one of the people said… Dell lost the top [PC unit sales] spot to Hewlett-Packard Co in 2006 and more recently has struggled to contend with new rivals, including Apple, in the consumer market.”

Read more in the full article here.

MacDailyNews Take: Why delay, Mikey? Just SIDAGTMBTTS now and be done with it.

Hello, Mikey? Miiikkkkeeeyyy?

Michael Dell

Related articles:
Apple now worth 38 times Dell’s market value – October 3, 2012
Apple now worth 36 times Dell’s market value – September 19, 2012
Apple now worth 35 times Dell’s market value – September 14, 2012
Apple now worth 34 times Dell’s market value – September 4, 2012
Apple now worth 33 times Dell’s market value – August 28, 2012
Apple now worth 32 times Dell’s market value – August 27, 2012
Apple now worth 31 times Dell’s market value – August 23, 2012
Apple now worth 30 times Dell’s market value – August 22, 2012
Apple now worth 28 times Dell’s market value – August 2, 2012
Apple now worth 27 times Dell’s market value – July 23, 2012
Apple now worth 26 times Dell’s market value – June 19, 2012
Apple now worth 25 times Dell’s market value – June 4, 2012
Apple now worth 24 times Dell’s market value – May 23, 2012
Apple now worth 23 times Dell’s market value – May 23, 2012
Apple now worth 22 times Dell’s market value – May 23, 2012
Apple now worth twenty times Dell’s market value – April 3, 2012
Apple now worth nineteen times Dell’s market value – March 26, 2012
Apple now worth eighteen times Dell’s market value – March 19, 2012
Apple now worth seventeen times Dell’s market value – March 12, 2012
Apple now worth sixeen times Dell’s market value – February 29, 2012
Apple now worth fifteen times Dell’s market value – February 15, 2012
Apple now worth fourteen times Dell’s market value – September 20, 2011
Apple now worth thirteen times Dell’s market value – August 26, 2011
Apple now worth twelve times Dell’s market value – January 27, 2011
Apple now worth eleven times Dell’s market value – September 23, 2010
Apple now worth ten times Dell’s market value – September 09, 2010
Apple now worth nine times Dell’s market value – June 01, 2010
Apple now worth eight times Dell’s market value – May 21, 2010
Apple now worth seven times Dell’s market value – January 26, 2010
Apple now worth sextuple Dell’s market value – October 20, 2009
Apple now worth quintuple Dell’s market value – February 12, 2009
Apple could buy Dell outright; Mac-maker has more cash on hand than Dell is worth – October 21, 2008
Apple now worth quadruple Dell’s market value – May 01, 2008
Apple now worth triple Dell’s market value – December 06, 2007
Apple now worth double Dell’s market value – July 27, 2007
Beleaguered Dell: Shut it down and give the money back to the shareholders – March 02, 2007
Biting words on Apple come back to haunt Dell – February 10, 2007
Steve Jobs emails Apple team: Michael Dell not the best prognosticator, Apple worth more than Dell – January 16, 2006
Apple now worth more than Dell – January 13, 2006

47 Comments

    1. Speaking of ouch painful, as of Friday’s clsoe, AAPL was only 25.89 times DELL.

      (Friday was the data Wolfram Alpha had. It is probably less after today’s AAPL drop and/or if DELL was up today on this rumor.)

      1. … with the difference that Dell has ZERO intellectual property to reinvent itself. While HP has gone through the drains, at least they can claim they were pioneers.

        Dell has never been anything but a glorified PC assembler. The had a good run, but the party sooner or later had to end. Microsoft is going down and it’s dragging a lot of their allies with them.

        Will Dell be the first casualty of Microsoft’s demise? We’ll see.

      2. Michael Dell owns 15.7% of crap. At least he is losing along with the rest of Dell investors. But the Dell employees are the ones that are going to be left feeling the pain when their jobs are eliminated and whoever gets the company cheats then out of any retirement and health care benefits that they might have accrued over the years. Hint to employees – sell themDell stock in your 401K while it is still worth something. DCW…

    1. BLN, you just caused me to blast a mouthful of beer over my iPad with that hilarious comment. Luckily, it wasn’t a Dell junktop or a Surface tablet, so after a thorough wipe, the iPad survived the shower.

  1. Getting equity fund money involved is a certainly the death of Dell. Mikey would be far better off just liquidating the assets, whatever they might be, and closing the place up. Equity firm involvement will result in same demise, it will just take longer. The one trick pony has run out of an audience.

    1. Maybe he can talk to his buddies at Bain Capital and get them to gut the company…

      Oops, sorry, this is supposed to be
      Politics-free
      Two-aught-one-three

  2. This is the best news I’ve heard in over 16 years.

    Chilling the ‘Dom Perignon’; ready to salute a toast to Mikey-Mike.

    It’s about time that wanker finally gets his comeuppance.

  3. Micky is going to kick back and watch someone else say “Uncle” as the day will come Dell will have little to offer and will be reduced to an AMC or Packard status …..

    Do have to give him credit for jumping ship, while it still has some tattered sails left ….

    By Micky!

Reader Feedback

This site uses Akismet to reduce spam. Learn how your comment data is processed.