A private equity deal that stands out for its length and complexity has also turned out to be one of the industry’s most lucrative, reaping $70bn in gains for tech entrepreneur Michael Dell and investment firm Silver Lake. The two made a big bet more than a decade ago when they took personal computer company Dell Technologies private. EMC’s premier asset was its 81 per cent stake in VMware, a cloud computing specialist which last week was sold to Broadcom for $92bn.
Dell Technologies (DELL) and Titan Machinery (TITN) are two attractive value stocks to consider ahead of their Q3 results on Thursday, November 30.
Dell Technologies' (DELL) third-quarter fiscal 2024 performance is expected to have suffered from a sluggish PC market and unfavorable forex.