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...The software mega-deal (aka “Project Atlas”) orchestrated by Broadcom’s Hock Tan and PC king Michael Dell could be one of the largest technology deals on record, if reviews by the CMA — which will report...
...“As our complaints note, Epic used privacy-invasive default settings and deceptive interfaces that tricked Fortnite users, including teenagers and children,” said FTC chair Lina Khan....
...After the acquisition, Dell kept a roughly 19 per cent stake in VMware public and managed it separately from Dell Technologies, his personal computer and tech infrastructure company....
...As talks got under way earlier this month, Dell hosted Tan at his palatial mansion in Austin, Texas....
...Dell kept VMware independently managed from his personal computer and tech infrastructure company Dell Technologies, and the company spun-off its 81 per cent stake in VMware in November last year....
...A £200m price tag was put on Burnley in a deal partly financed by a unit of MSD Partners, an investment firm with ties to computing entrepreneur Michael Dell, while McLaren Racing was valued at £560m....
...Prime minister Imran Khan announced a moratorium on further coal-fired power plants at the Climate Ambition Summit in December....
...As DD’s Miles Kruppa, James Fontanella-Khan and Arash Massoudi report in this deep dive, Durban has found himself on both ends of the coronavirus pandemic, making big, contrarian bets on companies such as...
...Business groups and think-tanks are making a mistake to cast Uber v London as a totemic fight to preserve capitalism....
...You can find the list of nominees in this article by DD’s Eric Platt and James Fontanella-Khan....
...Mr Dell and Silver Lake invested roughly $10bn in Dell, starting in 2013. Their combined stake of about 75 per cent is now worth more than $25bn....
...Elliott had strongly opposed Dell’s earlier offer....
...Mr Shafir led Citi’s work advising chipmaker Broadcom on its attempted takeover of rival Qualcomm, a deal that was ultimately blocked by US president Donald Trump, as well as the reverse merger that saw Dell...
...Dell declined to comment....
...In advance of Tuesday’s shareholder vote to approve a reverse merger, DD’s Sujeet Indap and James Fontanella-Khan went deep into the Dell saga in the FT Big Read....
...Scudamore gets controversial £5m golden handshake (FT) Tencent-backed Pinduoduo accused of inflating revenues (FT) Due Diligence is written by Arash Massoudi and Javier Espinoza in London, James Fontanella-Khan...
...Under the terms of the deal Dell will exchange each share of its “Class V” tracking stock for 1.3665 shares of Dell Technologies Class C common stock, or at $109 in cash — up to and not exceeding $9bn worth...
...However, Dell has not abandoned the exchange idea, these people said....
...After Dell’s controversial management buyout in 2014 and the subsequent EMC transaction, shareholders are wary of Mr Dell’s latest manoeuvre....
...Dell said its offer of $109 a share valued all the outstanding tracking stock at $21.7bn. It has offered to pay up to $9bn in cash, with the rest in Dell common stock....
...the travails of Sunderland AFC, which was relegated in back to back seasons in recent years, and is now on the verge of being acquired by the men who run the family office of US tech billionaire Michael Dell...
...DD’s Indap v NYU’s Damodaran: Is stock compensation good or bad?...
...Read more about Ratner in this profile by the FT's Eric Platt and James Fontanella-Khan....
...Last year the state’s top court overturned a ruling by Mr Laster’s lower court that the 2013 take-private of Dell was underpriced and against investors interest....
...Those deals were funded with a mountain of debt, backed by the solid cash flow from Dell and EMC’s mature line of PCs, storage devices and other hardware....
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