Subscribe to this page now.

Dell's final earnings report falls short of Wall Street estimates

05/16, 5:32pm

Services, software driving company, hardware and consumer show heavy losses

Dell today announced fiscal 2014 first quarter results, with revenue of $14.1 billion, as the company grew revenue from Enterprise Solutions, Services and Software 12 percent year over year to $5.5 billion, or 8 percent growth, excluding the recent acquisition of Quest Software. The company earned $0.21 per share, not quite meeting Wall Street estimates.

more

Blackstone pulls Dell offer, citing earnings, sales drop

04/19, 10:06am

Carl Icahn, Michael Dell offers still alive

Blackstone Group is ending its offer for control of Dell, citing a 14-percent drop in PC sales for the first quarter of 2013 and a lower earnings forecast for the current financial year. The withdrawal of Blackstone leaves founder Michael Dell and equity partner Silver Lake to fight with Carl Icahn for ownership of the PC manufacturer.

more

Dell receives two alternate offers just before deal deadline

03/24, 11:35am

Carl Icahn, Blackstone behind competing offers

According to reports, Dell has received two or more offers opposing the $24.4 billion deal on the table to take the company private. As expected, the Blackstone Group submitted a preliminary offer prior to Saturday's expiration, under the terms of the "go shop" clause in the agreement, which allowed Dell to seek other suitors. A second offer was received by investor Carl Icahn who purchased a large block of shares a few weeks ago.

more

Report: Blackstone investment group considering Dell offer

03/18, 9:11pm

No offer on the table as of yet, Icahn has worked with Blackstone previously

According to a report on Bloomberg, the Blackstone Group -- a rival to Silver Lake Partners -- is planning a competitive bid for Dell. Under the "go-shop" provision of the buyout deal floated by Silver Lake and investors (including Michael Dell himself), Dell's board of directors has through March 22 to seek better offers for the companies, and can still negotiate with suitors past that date if it receives a serious offer.

more

Thomas Lee Partners considers buying Yahoo outright

11/29, 3:00pm

Thomas Lee Partners to buy all of Yahoo: sources

The latest bidder in the potential Yahoo takeover is Thomas H. Lee Partners, Reuters learned. THL is said to be looking at a leveraged buyout of Yahoo's US business, which could be worth between $5 and $6 billion. THL has run other media companies such as Nielsen Co, Clear Channel, and Univision.

more

Electronista Sponsor

Electronista Newsletter

Free Technology and Gadgets Newsletter

  • We will not share your email address with anyone.

    toggle

    Most Popular

    Sponsor

    Recent Reviews

    STM Trust technology bag

    The search for a good messenger bag that doubles as a laptop bag is something many travelers find themselves facing at least once. Bet ...

    PenClic Bluetooth mouse

    Windows 8 aside, computer users have been trained that a mouse is the proper way to navigate through the desktop for many years now. T ...

    Cat B100

    Cat is primarily known for its heavy-duty machinery used in the construction industry and farming, among other areas. What may not be ...

    Sponsor

    toggle

    Most Commented

     
    toggle

    Popular News