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    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 http://www.npr.org/.

    NPR

    Book Review: 'Kinder Than Solitude'

    Ellah Allfrey reviews Kinder Than Solitude, by Yiyun Li.
    NPR

    Plant Breeders Release First 'Open Source Seeds'

    Scientists and food activists are launching a campaign to promote seeds that can be freely shared, rather than protected through patents and licenses. They call it the Open Source Seed Initiative.
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    John Edwards Resumes Career As Trial Attorney

    The former U.S. senator and Democratic presidential hopeful is one of three attorneys representing a boy in a medical malpractice case in North Carolina.
    NPR

    When Parents Are The Ones Too Distracted By Devices

    Parents often complain that smartphones keep their kids distracted from conversation. What happens when it's the other way around, when kids can't get their smartphone-glued parents' attention?

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