Dell board votes in favor of Michael Dell's $24.9 billion buyout offer

http://www.blogcdn.com/www.engadget.com/media/2013/09/10x0818iub2352dell.jpgDell has finally agreed to let founder Michael Dell take the company private through a partnership with investment firm Silver Lake Partners, in a deal valued $24.9 billion. The transaction, which is still pending regulatory approval, should see stockholders receiving $13.88 per share of common stock (including payment of a special cash dividend). In a statement released to the press, Michael Dell said that the newly private company will be to “serve our customers with a single-minded purpose and drive the innovations that will help them achieve their goals.”
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