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Tracking Stock for VMware Slides Ahead of Dell’s Return to Public MarketThe stock that tracks Dell Technologies’ interest in software firm VMware traded down sharply Monday after a window closed for shareholders to elect to get cash in connection with Dell’s plan to buy them out. TrumpRecession
Source: WSJ - 🏆 98. / 63 Read more »
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.
Source: MarketWatch - 🏆 3. / 97 Read more »