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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

    Despite Host Controversy, Amazon Takes A Chance On 'Top Gear'

    The trio that made Top Gear the world's biggest car show will return to the small screen in a new show for Amazon Prime. The BBC canned one of its hosts last year after a fight with a producer.
    WAMU 88.5

    Donald Trump Sues Chef José Andrés Over Hotel Pullout

    Trump has filed a $10 million breach-of-contract lawsuit against Chef José Andrés and his companies after Andrés announced that he's canceling plans to have a restaurant inside Trump's Old Post Office hotel in downtown D.C.
    WAMU 88.5

    Donald Trump Sues Chef José Andrés Over Hotel Pullout

    Trump has filed a $10 million breach-of-contract lawsuit against Chef José Andrés and his companies after Andrés announced that he's canceling plans to have a restaurant inside Trump's Old Post Office hotel in downtown D.C.
    NPR

    Despite Host Controversy, Amazon Takes A Chance On 'Top Gear'

    The trio that made Top Gear the world's biggest car show will return to the small screen in a new show for Amazon Prime. The BBC canned one of its hosts last year after a fight with a producer.

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