4 ms·
Name one time a company used its own operating cash to go private..
by mikeyouse 11y ago
Name one time a company used its own operating cash to go private..
- retbull 11y agoDidn't Dell do that?
- maxerickson 11y agoMichael Dell and some others got financing and did it. The operating income made that make sense, but they had to secure financing to do it. http://www.dell.com/learn/us/en/vn/secure/2013-02-04-michael-dell-silverlake-acquisition http://www.dell.com/learn/us/en/vn/secure/2013-02-04-michael...
- mikeyouse 11y agoMichael Dell -- Who was a 12% shareholder in Dell, got together with outside investors to raise the rest of the money necessary to buy the rest of the shares on the open market to take the company private. This is very different than Dell the company taking itself private -- which cannot happen. A company cannot own itself.