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FEB 06, 2013 - TheStreet

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Dell's Wasted Billions Explain Fuzzy Math on Deal: Street Whispers

NEW YORK (TheStreet) -- Skeptics of Dell's leveraged buyout might be at a loss to understand how the math adds up in the proposed $24.4 billion takeover deal, the largest since the financial crisis. Still, few investors or analysts appear to be concerned that the debt-fueled buyout of Dell by a consortium led by founder Michael Dell, private equity firm Silver Lake Partners and Microsoft will fall through, even amid concern the $13.65-a-share cash offer provides a light payout to current shareholders. Those who are staring at their calculators and remain mystified by the reported $17 ... Read More

Tags: Dell's Wasted Billions Explain Fuzzy Math on Deal: Street Whispers,  Microsoft Latest News