Tracking Stock for VMware Slides Ahead of Dell’s Return to Public Market

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The stock that tracks Dell Technologies’ interest in VMware fell after a window closed for shareholders to get cash in connection with Dell’s buyout

 

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Investors Cool to Dell’s Imminent Return to the Public MarketAfter the tracking stock for VMware plunged, the implied price of Dell’s common shares is just over half the value assumed in the buyout. barronsonline All those buybacks, all those private equity deals were just a bunch of greedy bastards hoarding stuff they thought they could sell for more later. I guess they cornered the market. But the joke's on them. They were the only buyers. Now they're sellers and everybody gets screwed.
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Investors Cool to Dell’s Imminent Return to the Public MarketAfter the tracking stock for VMware plunged, the implied price of Dell’s common shares is just over half the value assumed in the buyout. barronsonline All those buybacks, all those private equity deals were just a bunch of greedy bastards hoarding stuff they thought they could sell for more later. I guess they cornered the market. But the joke's on them. They were the only buyers. Now they're sellers and everybody gets screwed.
La source: MarketWatch - 🏆 3. / 97 Lire la suite »

Dell debuts at $46 in return to marketDell Technologies Inc shares opened at $46 on Friday, giving the computer maker ... reeter_1
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