The challenge with this statement is that Dell is privately owned, so "private equity" as opposed to "public equity"...harder to be overvalued. If what you say

The challenge with this statement is that Dell is privately owned, so "private equity" as opposed to "public equity"...harder to be overvalued. If what you say is consistent, then EMC/VMware is overvalued in the M&A activity here (and honestly it might be). The best correction I can make is that "leveraged private equity is aquiring inflated public assets"