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
