Submitted via IRC for Bytram
Dell melts in face of investor dissent, ups offer for Class V stock
Dell Technologies has upped the buy price for Class V stock to win support from shareholders that threatened to block the proposed transaction and hinder the company’s return to the US stock market.
The final per share offer is for $120 in cash, subject to an aggregate $14bn cap, or to swap each unit for between 1.5043 and 1.8130 shares of Class C stock in Dell when it lists again.
The previous $109 per share offer – on the table from July – was dismissed by some investors including corporate raider Carl Icahn, who has since vowed to stop the buy saying it low-balled their value and involved the lawyers.
[...] Class V stock, also known by its stock market ticker DVMT, was created in 2016 to help Dell fund its $67bn buy of EMC. It tracks Dell’s stake in VMware but, as the FT pointed out, the share swap alternative means it can be viewed as a proxy for the value of Dell.
(Score: 1, Insightful) by Anonymous Coward on Friday November 23 2018, @04:42AM (5 children)
I have no responsibility everyone; I’m a victim!!!!
You will live a miserable life with that inane way of thinking. Improve yourself and focus on what you can control.
(Score: -1, Flamebait) by Anonymous Coward on Friday November 23 2018, @04:48AM (1 child)
More victim blaming. You would tell Jews in Nazi death camps to stop being miserable and just march happily into gas chambers.
That's right, it's Godwin Time. You are Hitler.
(Score: 0) by Anonymous Coward on Friday November 23 2018, @04:47PM
Look everyone, im a victim like a Jew being genocided and anyone who disagrees is Hitler!!!11!
Go get a job already unless you get off on fighting the capitalist system. If so, then carry on and live a miserable life.
(Score: 0) by Anonymous Coward on Friday November 23 2018, @04:48AM (2 children)
This is how we Anonymous Cowards get a bad name. What does any of this have to do with Dell?
(Score: 0) by Anonymous Coward on Friday November 23 2018, @04:51AM (1 child)
Soylentitled Boomers own Dell stock. What else would you like explained to you, my dear intellectually challenged friend?
(Score: 0) by Anonymous Coward on Friday November 23 2018, @04:19PM
I'm a Soylentitled Boomer (and a soiled boomer if I get out of my recliner too fast), and I don't own any Dell stock (or any stocks for that matter).
Perhaps how you can be so wrong so often and still think your opinion is of any value?