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Monday, October 12, 2015

EMC Corp. (EMC) to be acquired by Silver Lake Partners for $33.15

  • EMC; 10/12/15 : Dell Inc. and private-equity firm Silver Lake will buy EMC Corp. for roughly $67 billion in cash and stock, marking one of the largest technology-industry takeovers ever.  The $33.15 a share price tag represents a 19% premium over previous day’s closing price for EMC.
  • The merger is expected to end by October 2016, pending negotiations and regulatory approvals. 
  

(Chart the day before, Fri. Oct. 9)

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