Investors sent Dell stock soaring Monday when reports surfaced that the struggling PC maker is in discussions to go private. Representatives from the third-largest PC maker are reportedly in talks with TPG Capital and Silver Lake about a private-equity investment that would give Dell breathing room to regroup outside the public eye. Dell has seen its market share decline in recent quarters as PC sales have slumped across the industry. Many consumers have opted to buy mobile devices instead of replacing an old laptop or buying a second computer.
Dell May Be Dickering for Private Deal
Posted by: Rachelle Dragani January 15, 2013 11:15 AMInvestors sent Dell stock soaring Monday when reports surfaced that the struggling PC maker is in discussions to go private. Representatives from the third-largest PC maker are reportedly in talks with TPG Capital and Silver Lake about a private-equity investment that would give Dell breathing room to regroup outside the public eye. Dell has seen its market share decline in recent quarters as PC sales have slumped across the industry. Many consumers have opted to buy mobile devices instead of replacing an old laptop or buying a second computer.