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October 1, 2013 05:53 pm GMT

Michael Dell, Silver Lake Get The Green Light From Regulators On $24.9B Plan To Take Dell Private

dell_logo-avatar_200x200The government may now be in shutdown mode, but not before it gave the go-ahead to Dell to go private. The embattled PC company today announcedthat it has received all necessary regulatory clearance forMichael Dell, who founded and led the computer firm as CEO and chairman, and Silver Lake Partners to take the company private in a $24.9 billion transaction. This was the last big hurdle Dell needed to surmount, and now the transaction is expected to close before the end of Q3 2014, or November 1.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/MwthRNsRkHY/

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