Dell's founder and chief executive Michael Dell has completed his bid to take the company private.
In conjunction with financial backing from investment firm Silver Lake Partners, the company has begun the process to delist its common shares from the Nasdaq stock exchange in New York.
Dell shares will no longer be traded on the stock exchange by market close today. The company's stock ($DELL) is, at the time of publication, up 0.2 percent in late-morning trading.
Under the terms of the deal, valued at approximately $24.9 billion, Dell shareholders will receive $13.75 … Read more