Silver Lake Partners

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Blackstone Ditches Dell Bid

Now it's between Carl Icahn and Michael Dell

(Newser) - The odds that Michael Dell will be able to buy back his namesake company have just gotten a lot better, sources tell Reuters , because Blackstone Group has dropped its bid for the PC company. Blackstone said it was pulling out in light of a 14% industry-wide dip in PC sales... More »

Dell Going Private in $24B Move

Founder looks to overhaul 30-year-old firm

(Newser) - Dell has reached a deal to go private, the company has announced. Shareholders will receive some $13.65 per share in a $24 billion deal, the New York Times reports, which marks a 25% premium over Dell's January share price. The privatization deal with Microsoft and private equity company... More »

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