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Dell Returns To Private Ownership

     
7:10 pm on Oct 29, 2013 (gmt 0)

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Seeing so many companies wanting to go public it seems odd going in this direction.

After months of wrangling and tough negotiating, Dell Inc. is finally going private.

The computer company said on Tuesday that its $24.9 billion sale to its founder, Michael S. Dell, and the investment firm Silver Lake had closed. The closing comes more than a month after shareholders approved the deal and means that Dell shares will be delisted at the end of the day. Dell Returns To Private Ownership [dealbook.nytimes.com]
1:15 am on Oct 30, 2013 (gmt 0)

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Dude, you're getting a private company!
5:00 am on Oct 30, 2013 (gmt 0)

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The smart money is selling businesses that the suckers are over-valuing, and buying what is under-valued.

Take a look at the track record of Richard Rosenblatt: iMall, Myspace and Demand media all sold with near perfect timing.