In simple English Context: Dell has large stakes in both Pivotal and VMware VMware buys Pivotal. Pivotal's regular shareholders get paid in cash per share ($1

In simple English Context: Dell has large stakes in both Pivotal and VMware VMware buys Pivotal. Pivotal's regular shareholders get paid in cash per share ($15). Dell, which owns a separate class of shares, gets paid in VMware shares rather than cash. This is likely because Dell already has a large cash balance and they don't need any more cash.