Lionel Assant, senior managing director and European head of private equity at Blackstone in London, says: “They are exceptions. Each deal has a specific equity story, which cannot be easily replicated on other $20 billion-plus deals in the market today.”
Under the terms of the Dell buyout, Michael Dell will continue to hold a substantial stake in the company, and will remain its chairman and chief executive.
Dell is committing a mountain of cash to finance the deal, which, when announced in early February, valued Dell’s shares at $13.65
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