NEW YORK/SAN FRANCISCO (Reuters) - Dell Inc(NSQ:DELL - News) is in talks with private equity firms on a potential buyout, two sources familiar with the matter told Reuters, confirming a Bloomberg report that sent its shares soaring 13 percent to near an eight-month high.
The world's No. 3 PC maker is in talks with at least two private equity firms about going private and the discussions are preliminary as the financing has not yet been secured, said Bloomberg, citing two people with knowledge of the matter.
Dell, which has steadily ceded market share to Hewlett Packard (NYS:HPQ - News) and China's Lenovo <0992.HK>, declined to comment on what it called rumors and speculation.
Monday, January 14, 2013
Dell shares surge on report it's in talks to go private
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