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    Dell Seals $24.2 Billion Buyout Deal; Founder Among Buyers

    By: Mark Memmott // February 5, 2013
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    "Slumping personal computer maker Dell is selling itself for $24.4 billion to its founder and a group of investors that includes Microsoft," The Associated Press writes, in "the largest deal of its kind since the Great Recession dried up financing for risky maneuvers like this."

    The wire service adds that "the complex agreement announced Tuesday will end Dell Inc.'s nearly 25-year history as a publicly traded company. Shareholders are receiving $13.65 per share for their stock. ... Founder Michael Dell will remain the company's CEO and largest shareholder."

    On Morning Edition, NPR's Steve Henn previewed the news and said that analysts aren't sure the deal will make the company more competitive. As Steve reported:

    "For Michael Dell to take the company he founded almost 30 years ago private, it will have to borrow in the neighborhood of $15 billion." That debt will be a drain on Dell's cash.

    Copyright 2013 NPR. To see more, visit http://www.npr.org/.

    Arts & Culture

    NPR

    Giant Renaissance Food People Descend Upon New York

    Giuseppe Arcimboldo was a 16th-century artist who liked to play with his food, transforming it into the building blocks of many of his fantastical portraits. Artist Philip Haas has taken those portraits out of museums, reinterpreting them as colossal statues that interact with the natural environment.

    Food

    NPR

    Giant Renaissance Food People Descend Upon New York

    Giuseppe Arcimboldo was a 16th-century artist who liked to play with his food, transforming it into the building blocks of many of his fantastical portraits. Artist Philip Haas has taken those portraits out of museums, reinterpreting them as colossal statues that interact with the natural environment.

    Politics

    WAMU 88.5

    Virginia Republicans Select Candidates For November Election

    The Republican ticket for November's election includes Ken Cuccinelli for governor, E.W. Jackson for lieutenant governor, and Mark Obenshain for attorney general.

    Technology

    NPR

    Book News: Amazon May Be Called Before Parliament Over Taxes

    Also: AARP and The Nation join a growing list of ebook publishers; Hilary Mantel on Jane Austen; Anne Applebaum on Sheryl Sandberg.

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