Semiconductor company Avago Technologies has agreed to buy storage and networking company LSI for US$6.6 billion in an effort to expand its data centre offerings.
Dell strikes down shareholder vote proposal for buyout
Dell’s board has struck down new shareholder voting guidelines for a buyout proposed by company founder Michael Dell and his …
Icahn criticises Dell for vote rule change on proposed deal
Icahn on Monday urged Dell’s board not to support the proposed shareholder vote change as it could disenfranchise voters.
Michael Dell raises buy-out offer for Dell by $0.10 per share, with new voting conditions
Michael Dell has raised his offer to take Dell private by $0.10 per share, to about $24.7 billion.
Dell buyout wins support from shareholder advisory group ISS
Prominent shareholder advisory group Institutional Shareholder Services has given a stamp of approval to Dell founder Michael Dell’s bid to take the company private.
Icahn acquires larger stake in Dell, proposes new buy-out deal
Carl Icahn has acquired a larger stake in Dell and called for a better buy-out offer than the proposal of US$13.65 per share from Michael Dell and Silver Lake Partners.
Dell profit dives 79 percent on falling PC sales
Dell reported another quarter of declining profits and revenue Thursday as CEO Michael Dell continues his fight to take the …
Blackstone says Dell offer is off
By John Ribeiro and Agam Shah, IDG News Service Blackstone Group has given up its bid for Dell, less than …
Blackstone makes counter-offer to buy Dell
Blackstone Group has reportedly sent a preliminary counter-bid to buy out Dell, which would rival the current proposed offer of …
Avaya may file IPO: WSJ
Avaya could file for an initial public offering of $1 billion, which could result in the company being valued at …