NPR : News

Filed Under:

    Dell Seals $24.2 Billion Buyout Deal; Founder Among Buyers

    "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


    Rapid Learners: How Pixar Animators Created A Very Scary River

    What would a small dinosaur look like in Class V rapids? That's the question Pixar filmmakers had to answer for their film The Good Dinosaur. So they piled into a raft to figure it out for themselves.

    We Tried A Futuristic Cranberry. It Was Fresh And Naturally Sweet

    Cranberry breeders in Wisconsin have developed a berry that's tart but also sweet, like a Granny Smith apple. They say the variety isn't ready for production but could one day become a fresh product.

    Russian Military Jet Crash Heightens Debate Over Syria No-Fly Zone

    Hillary Clinton, Marco Rubio and others are supporting the idea of a no-fly zone over Syria to try to help civilians there. But skeptics say it no longer has any relevance to today's Syrian crisis.

    Used Rocket Is A New Breakthrough For Blue Origin's Space Plan

    Blue Origin, the space company founded by Amazon billionaire Jeff Bezos, has sent a craft past the edge of space and then landed its rocket safely – and vertically — in Texas.

    Leave a Comment

    Help keep the conversation civil. Please refer to our Terms of Use and Code of Conduct before posting your comments.