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Silver Lake (a private equity firm) took Dell private in 2013. Interestingly, the company didn’t use buybacks to become private but it did use buybacks to beco
by kgwgk 7y ago
Silver Lake (a private equity firm) took Dell private in 2013.
Interestingly, the company didn’t use buybacks to become private but it did use buybacks to become public again last year [1]. It was done by buying back some piece of its business that remained traded in the stock exchange following the acquisition of EMC when Dell was private [2].
[1] https://www.techspot.com/news/77848-dell-about-go-public-second-time.html https://www.techspot.com/news/77848-dell-about-go-public-sec...
[2] https://www.bloomberg.com/opinion/articles/2015-10-13/dell-will-issue-a-lot-of-not-quite-stock-to-pay-for-emc https://www.bloomberg.com/opinion/articles/2015-10-13/dell-w...