Michael Dell considering to take his company private

Posted on Friday, June 04 2010 @ 20:20 CEST by Thomas De Maesschalck
Michael Dell revealed at an investor conference in New York that he has considered taking his company private, but he declined to comment on what would make him consider such a move.
At an investor conference in New York Thursday, Michael Dell said he has considered taking his company private.

He made the statement in response to a question at a Sanford C. Bernstein & Co. conference, according to several reports. Dell did not explain why or what the motivation for considering selling his company had been.

Apparently, it was a passing thought, because Dell followed up the comment by saying he is "totally committed to continuing to run the business for a long period of time" and that he has "every intention to continue running the company for the foreseeable future."
More info at CNET.


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Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.



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