Dell Completes Go-Private Transaction

ROUND ROCK, Texas--()--Dell today announced the completion of its acquisition by Michael Dell, Dell’s Founder, Chairman and CEO, and Silver Lake Partners, a leading global technology investment firm.

Under the terms of the merger agreement, Dell stockholders will receive $13.75 in cash for each share of Dell common stock they hold, plus payment of a special cash dividend of $0.13 per share to stockholders of record as of the close of business on Oct. 28, 2013, for total consideration of $13.88 per share in cash. The total transaction is valued at approximately $24.9 billion.

The transaction was approved by Dell’s stockholders at a special meeting of stockholders held on Sept. 12, 2013. Trading in Dell’s common stock will conclude at the end of business today, and the company has commenced the process to delist its common shares from the NASDAQ Stock Market.

“Today, Dell enters an exciting new chapter as a private enterprise,” said Mr. Dell. “Our 110,000 team members worldwide are 100 percent focused on our customers and aggressively executing our long-term strategy for their benefit.”

About Dell

Dell Inc. listens to customers and delivers worldwide innovative technology, business solutions and services that give them the power to do more. For more information, visit www.dell.com.

Contacts

Dell
Media Contacts: 512-728-4100
David Frink, 512-728-2678
david_frink@Dell.com
or
Marc Bien, 512-728-0910
marc_bien@dell.com
or
Investor Relations Contacts:
David Mehok, 512-728-4225
david_mehok@Dell.com
or
Karina Franco, 512-728-5224
karina_franco@dell.com

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Contacts

Dell
Media Contacts: 512-728-4100
David Frink, 512-728-2678
david_frink@Dell.com
or
Marc Bien, 512-728-0910
marc_bien@dell.com
or
Investor Relations Contacts:
David Mehok, 512-728-4225
david_mehok@Dell.com
or
Karina Franco, 512-728-5224
karina_franco@dell.com