Dell reportedly looking to going private

JMH · Jan 14, 2013

There may be some major news that could, or could not, be breaking very soon. Dell, one of the world's biggest PC makers, had its stock trading halted briefly as rumors hit the wire that the company is looking to go private, perhaps with the company's founder and current CEO Michael Dell teaming up with some unnamed parties to take the PC maker out out the public business market.

Bloomberg reports, via unnamed sources, that two private-equity firms may be involved in taking Dell private. Michael Dell has said in the past that he has thought about taking the PC maker private. Bloomberg adds that a number of major banks have also been contacted to help finance such a deal. Bloomberg does report that these talks could fall apart if the money cannot be found.

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Dell reportedly looking to going private

JMH

Emeritus, Contributor