Silver Lake Posts

Travelocity.com parent company Sabre to go public

Screen Shot 2014-04-06 at 1.20.50 AM
Sabre Corporation, the parent company of Travelocity, is known for offering travel data and reservation software. Sabre is looking to raise as much as $895 million in an initial public offering (IPO). Sabre is backed by TPG Capital and Silver Lake Management.

Continue reading →

Michael Dell And Silver Lake Receives Regulator Approval To Take Dell Inc. (DELL) Private

Dell Logo
Michael Dell and Silver Lake Partners has received regulatory clearance to take Dell Inc. private.  Michael Dell and Silver Lake Partners have purchased Dell Inc. for $24.9 billion.

Continue reading →

Dell Inc. (DELL) Is Getting Into The Mobile Security Business

Dell Logo
Dell Inc. (NASDAQ:DELL) is going private as part of a deal by Michael Dell and Silver Lake Partners.  Shareholders have approved of the deal too.  So what’s next?

Continue reading →

Dell’s Shareholders Approves The $25 Billion Buyout

Dell Logo
Dell founder Michael Dell and private equity firm Silver Lake has been chasing after a goal to take Dell Inc. private for the last 14 months.  Michael Dell and Silver Lake has been working on convincing shareholders in the Dell Inc. to take the company private in a leveraged buyout (LBO).  The deal got a bit stalled after Carl Icahn got involved in offering an idea of his own.  This forced Michael Dell to increase his price.
Continue reading →

Carl Icahn Buys 4 Million More Dell Shares With 8.9% Ownership

Carl Icahn
Billionaire activist investor Carl Icahn has made another major move towards his desire to keep Dell public and allow shareholders to decide whether to cash out at $15 per share or stay in the company.  The opposing deal by Michael Dell is to take the company private.  According to The Wall Street Journal, Icahn has bought 4 million more shares of Dell yesterday at a price of $12.94 per share, which gives him an 8.9% ownership of the company.  Icahn now owns a total of about 156.5 million shares.
Continue reading →

Dell Inc. (DELL): Michael Dell and Silver Lake Increases Bid

Dell Logo
Michael Dell
and private equity firm Silver Lake Partners has increased their bid to buy out the Dell Inc. (NASDAQ:DELL), according to The Wall Street Journal.  The bid is now $13.75 per share plus a special dividend of 13 cents per share.  This now values the deal at about $24.9 billion.

Continue reading →

Carl Icahn Channels Dr. Seuss On Twitter

Billionaire investor Carl Icahn is in the midst of a bidding war against Dell CEO and founder Michael Dell with his private equity partner Silver Lake.  Yesterday Michael Dell upped the ante by raising his bid by $0.10 per share.  Icahn decided to write a rhyme (Dr. Seuss style) on Twitter to express his opinion on the upped bid:

Screen Shot 2013-07-25 at 10.38.31 AM

Continue reading →

Dell Founder Michael Dell Raises Bid

Dell Logo
Dell founder Michael Dell has increased his offer to take the company private by 10 cents per share.  He is now offering $13.75 per share to try and win more shareholder support.
Continue reading →