New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 5, 2013
09:27 EDTMSFT, DELLDell to be taken private by Michael Dell, Silver Lake at $13.65 per share
Dell (DELL) announced it has signed a definitive merger agreement under which Michael Dell, Dell’s founder and CEO, in partnership with investment firm Silver Lake, will acquire Dell. Under the terms of the agreement, Dell stockholders will receive $13.65 in cash for each share of Dell common stock they hold, in a transaction valued at approximately $24.4B. The buyers will acquire for cash all of the outstanding shares of Dell not held by Mr. Dell and certain other members of management. The Dell board acting on the recommendation of a special committee of independent directors unanimously approved a merger agreement. The merger agreement provides for a so-called "go-shop" period, during which the Special Committee – with the assistance of Evercore Partners – will actively solicit, receive, evaluate and potentially enter into negotiations with parties that offer alternative proposals. The initial go-shop period is 45 days. A successful competing bidder who makes a qualifying proposal during the initial go-shop period would bear a $180M termination fee. For a competing bidder who did not qualify during the initial go-shop period, the termination fee would be $450M. Following completion of the transaction, Mr. Dell, who owns approximately 14% of Dell’s common shares, will continue to lead the company as CEO and will maintain a significant equity investment in Dell by contributing his shares of Dell to the new company, as well as making a substantial additional cash investment. The transaction will be financed through a combination of cash and equity contributed by Mr. Dell, cash funded by investment funds affiliated with Silver Lake, cash invested by MSD Capital, a $2B loan from Microsoft, rollover of existing debt, as well as debt financing that has been committed by BofA Merrill Lynch, Barclays, Credit Suisse and RBC Capital Markets, and cash on hand. There is no financing condition. The transaction is expected to close before the end of Q2 of Dell's FY14.
News For DELL;MSFT From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | 4 | all recent news | >>
January 23, 2015
11:58 EDTMSFTMicrosoft to acquire Revolution Analytics to aid customers with data analysis
Subscribe for More Information
08:11 EDTMSFTMicrosoft reveals smartphone-controlled "smart scarf," Business Insider says
Subscribe for More Information
08:07 EDTMSFTU.S. tech giants nervous about backlash in Europe, WSJ says
Subscribe for More Information
06:00 EDTMSFTWindows 10 unlikely to bring dramatic changes to mobile market, DigiTimes says
Subscribe for More Information
January 22, 2015
14:26 EDTMSFTTwitter introduces Tweet translation with Bing Translator
Twitter (TWTR) announced that the company has partnered with Bing Translator (MSFT) to provide machine translations of Tweets between more than 40 language pairs. Tweet translation is available on twitter.com, Twitter for iOS, Twitter for Android, and TweetDeck, according to the company's support page about the new feature. Reference Link
12:37 EDTMSFTMicrosoft volatility into Q2 and outlook
Microsoft January weekly call option implied volatility is at 30, February is at 23, March is at 20; compared to its 26-week average of 20 according to Track Data, suggesting large near term price movement into the expected release of Q2 results on January 26.
08:01 EDTMSFTSeagate expands collaboration with Super Micro Computer
Subscribe for More Information
06:03 EDTMSFTMicrosoft Windows 10 not a 'material' catalyst, says Jefferies
Subscribe for More Information
January 21, 2015
15:18 EDTMSFTMicrosoft unveils holographic goggle prototype, Wired reports
Subscribe for More Information
12:31 EDTMSFTMicrosoft Cortana to be available on Windows 10 computers, Business Insider says
Microsoft (MSFT) announced at its Windows 10 event that Cortana, its rival to Apple's (AAPL) Siri personal assistant, will be available for the desktop in Windows 10, Business Insider reports, adding that Cortana will be available across smartphones, PCs and tablets. Reference Link
12:22 EDTMSFTMicrosoft says Windows 8, Windows 7 customers to get free upgrade to Windows 10
This comment was made at the Microsoft Windows 10 Briefing. Reference Link
10:06 EDTMSFTMicrosoft set to test key support, levels to watch
Subscribe for More Information
08:09 EDTMSFTDTS to enhance Starz audio technology on Microsoft's Xbox One
Subscribe for More Information
January 20, 2015
11:08 EDTMSFTMicrosoft acquires Equivio, terms not disclosed
Rajesh Jha, Microsoft's Corporate VP, Outlook and Office 365, announced on the company's blog that Microsoft has acquired Equivio, a provider of machine learning technologies for eDiscovery and information governance. Jha explains, "We are making this acquisition to help our customers tackle the legal and compliance challenges inherent in managing large quantities of email and documents." Reference Link
09:39 EDTMSFTMicrosoft Outlook in China hacked by government censorship department, CNBC says
Subscribe for More Information
January 16, 2015
09:47 EDTMSFTPolice arrest U.K. man in connection with Sony, Microsoft hack, Bloomberg says
Subscribe for More Information
January 15, 2015
19:46 EDTMSFTMicrosoft's Xbox wins holiday retail fight against PS4, Re/code reports
Subscribe for More Information
15:13 EDTMSFTQihoo 360, Microsoft announce advertising alliance in China, TechWeb says
Subscribe for More Information
07:08 EDTMSFTMicrosoft Windows shipments still growing, says Bernstein
Subscribe for More Information
06:27 EDTMSFTIntel to partner with more IT players for Internet of Things, DigiTimes reports
Intel (INTC) is preparing to team up with more IT firms such as AT&T (T), Verizon (VZ), Cisco (CSCO), SAP (SAP), and Microsoft (MSFT) in order to expand the Internet of Things industry in 2015, reports DigiTimes. According to sources from the upstream supply chain, Intel has been playing an active role in helping Taiwan build its smart city infrastructure and has also cooperated with Chunghwa Telecom to develop the IoT and cloud computing applications. Reference Link
1 | 2 | 3 | 4 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use