Dell announced it has agreed to buy back the VMware tracking stock from the EMC acquisition. The company confirmed the buy-back price of ...
That's because the value of the stock election—1.8 Dell shares for every DVMT share—is about $83 per DVMT share, versus the cash election of ...
stock gives the shareholders of EMC the opportunity to benefit from any value ...
On paper, the new class of stock, whose value is tied to a large part of Dell's investment in data centre technology company VMware, will be worth ...
According to the deal's exchange ratio, the implied value of Dell shares would be $44.56, compared with Friday's implied price of $43.38, ...
But for Dell, structuring the deal with a VMware tracking stock
The key to Dell convincing VMware to move forward with a merger may be the value found in rolling up Dell's tracker stock.
However, it was not very successful and the tracking stock lagged substantially behind the price of VMware shares. Meanwhile, Dell's massive ...
(1) Tracking stock worth $9.10 per share in value at the time of announcement [ note, this is $6.46 as of Friday's close], which will be “linked to a ...
Class V shares—trading under the symbol DVMT—closed at $80.50 Monday, down 22% from Friday. According to the deal's exchange ratio, the ...