Why Dell Is “Sort of” Going Public Thanks to VMware

Dell had taken his own company private for $25 billion in 2013 and created the tracking stock to finance its $67 billion purchase of VMware parent EMC in 2015. DVMT has since doubled in value, closing June 29 at $84.58-per-share. The rise in DVMT made it a perfect currency for buying back control of VMware, which rose almost 8%, to over $158-per-share in early trade July 2. …read more

Source:: Yahoo Finance


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