Dell has agreed to buy EMC for about $67 billion in the largest tech acquisition ever. The deal will create a corporate-computing giant that will use a wider product line-up to woo customers as demand slows and competition stiffens.
Dell plans to pay $24.05 a share in cash plus tracking stock in EMC’s prize holding, VMware, valued at about $9 for each EMC share today.
The price of $33.15 a share is 28 per cent above...
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