All Posts Tagged Tag: ‘Michael Dell’

Richard Gere ‘Quietly’ Dating Top Chef’s Lakshmi?

Looks like Richard Gere is already dating despite the fact his divorce from Carey Lowell isn’t yet finalized. Page Six reports the 64-year-old actor is indeed dating Top Chef host Padma Lakshmi. “It started very recently and quietly,” a source told Us Magazine. “It’s very new. I wouldn’t even go as far as calling them a couple. They are dating. …

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Richard Gere Reportedly Dating Padma Lakshmi

Richard Gere has recently begun dating Padma Lakshmi, according to Page Six. “They have been quietly spending some time together. It is all very new and recent, and happened while he has been filming in New York,” a source told the publication. “It’s the first time Padma has dated anyone since Teddy [Forstmann], and it’s something she’s been approaching very, …

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Dell Layoffs Confirmed; Numbers Smaller than Rumored

Earlier last month, reports leaked stating that Dell was preparing to layoff a massive amount of its workers worldwide. The Register, a British technology website, stated on January 9th that Dell would layoff 20% of its U.S.-based sales members, while also relieving 30% of its sales and marketing staff in Europe, Africa, and the Middle East. These numbers would mean …

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Michael Dell’s Dell Acquisition Now Complete

Dell today announced that its acquisition by Dell founder Michael Dell and investment firm Silver Lake Partners has officially completed. The transaction, which cost Dell and his partners $24.9 billion, has taken the Dell company private. Michael Dell has stated on previous occasions that the initiative should allow the company to re-focus with a longer-term strategy related to its enterprise …

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Dell Focuses On Asia and Africa as Europe, America Decline

It would be an understatement to say that Michael Dell has been quite busy lately. First, it was the $25 Billion leveraged buyout of the troubled company that bears his name, in partnership with private equity firm Silver Lake. During the marathon buyout process Michael asserted that “This is a great outcome for our customers and our company…In taking Dell …

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Dell Shareholders Approve $25 Billion Buyout

Dell today announced that its shareholders have approved the proposed buyout of the PC manufacturing company by the company’s founder and CEO, Michael Dell (pictured). The vote was taken today at a special shareholders meeting. The $24.9 billion transaction will see Michael Dell take control of the company along with investment firm Silver Lake Partners. The buyout was first proposed …

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Carl Icahn Pens Letter Bowing Out of Dell Deal

Billionaire activist investor Carl Icahn penned an open letter on Monday to Dell Inc. shareholders announcing the end of his battle with the company’s Board of Directors. Some reports indicate Icahn will leave the deal about $11 million richer and will refocus efforts on Apple. In the letter, Icahn accused Michael Dell—who can now regain control of the company—and Silver …

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Dell Finally Announces $24.4 Billion Deal To Go Private

Dell finally announced its privatization deal today. The company is being acquired by founder Michael Dell and investment firm Silver Lake. Dell stockholders will receive $13.65 per share in cash in a transaction valued at about $24.4 billion. The transaction represents a premium of 25% over Dell’s closing share price of $10.88 on Jan. 11, 2013, the last trading day …

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Report: Dell Participating In Buyout Talks

Dell may be looking to go private, as the company has been participating in buyout talks with Silver Lake Partners, according to a report from the Wall Street Journal. The publication, citing a person familiar with the matter, reports that discussions took place on Tuesday for “a leveraged buyout at around $13 to $14 a share,” and that the buyout …

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