Reuters: Technology News: Dell buyout still on track: source

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Dell buyout still on track: source Feb 4th 2013, 18:11 Tweet Share this Email Print Related News Wall Street surges to five-year highs; Dow ends above 14,000 Fri, Feb 1 2013 Deals of the day - mergers and acquisitions Fri, Feb 1 2013 Dell nears buyout that could top $24 billion Fri, Feb 1 2013 Life Tech exploring potential sale, shares soar Fri, Jan 18 2013 Dell buyout talks advance, Silver Lake lines up banks-sources Wed, Jan 16 2013 Related Topics Investing and Taxes Simplified » Tech » Deals » Global Deals Review: 2011 Q3 » Global Deals Review: 2011 Q2 » Global Deals Review » Inflows Outflows » A man wipes the logo of the Dell IT firm at the CeBIT exhibition centre in Hannover February 28, 2010. Credit: Reuters/Thomas Peter NEW YORK | Mon Feb 4, 2013 1:11pm EST NEW YORK (Reuters) - Talks between Dell Inc and a consortium led by its founder and chief executive Michael Dell to take the world's No.3 PC maker private were still on track on Monday, with negotiations focusing on a price of between $13.50 and $13.75 per share, a person familiar with the matter said. Talks are in their final stages and an outcome is expected soon, the person said, cautioning that no final agreement had been reached and negotiations could still break down. Microsoft Corp is expected to invest around $2 billion in the deal, while private equity firm Silver Lake is expected to put in about $1 billion, the source said. Michael Dell is expected to roll over his roughly 16 percent stake and put in some of his own money so he has control of the company, the source added. Dell and Microsoft did not immediately respond to a request for a comment while Silver Lake declined to comment. (Reporting by Greg Roumeliotis in New York; editing by Carol Bishopric) Investing and Taxes Simplified Global Deals Review: 2011 Q3 Global Deals Review: 2011 Q2 Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

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