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Microservices Expo: Article

Dell LBO Reportedly Close

The Wall Street Journal said the deal was still being worked on late Sunday

Dell is close to going private according to what CNBC's David Faber said early Monday morning.

Faber puts the price at $13.50-a-share, 14 bucks at most, and said it could be done by Tuesday - or even Wednesday, according to Fortune. The Wall Street Journal said the deal was still being worked on late Sunday. The New York Post claimed it could go for $15-$16 a share.

Dell closed at $13.63 Friday.

Microsoft, as previously reported, is still supposed to kick in $2 billion for a non-equity position that can dictate Dell's use of Windows products and so is Silver Lake with a bit little less than $15 billion in debt coming from four banks.

Then there's Michael Dell's stock and Dell's own overseas money cache, which could be tapped.

More Stories By Maureen O'Gara

Maureen O'Gara the most read technology reporter for the past 20 years, is the Cloud Computing and Virtualization News Desk editor of SYS-CON Media. She is the publisher of famous "Billygrams" and the editor-in-chief of "Client/Server News" for more than a decade. One of the most respected technology reporters in the business, Maureen can be reached by email at maureen(at)sys-con.com or paperboy(at)g2news.com, and by phone at 516 759-7025. Twitter: @MaureenOGara

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