Michael Dell and Partners announced their participation in the transaction, which will require them to about $ 24.4 billion of funding.
According to associate, after the transaction is completed by July this year Dell of course will not undergo significant changes. Michael Dell will retain his position as CEO. As compared to the stock price Dell on 11 January, participants in the transaction pay a premium of about 24%, because they will buy shares at the rate of $ 13.65.
By the way, for 45 days, the company will consider competing proposals, and if there are other stocks Dell customers, they will have to pay $ 180 million fine for breach of original transaction. After 45 days there will be other buyers, the fine will be $ 450 million.