CBS Seeks Stake in TV Guide Network
A bidding war for Dell has broken out, pitting founder Michael Dell's plan against offers by Carl Icahn and Blackstone group. And CBS looks to buy half of TV Guide Network.
A bidding war for Dell has broken out, pitting founder Michael Dell's plan against offers by Carl Icahn and Blackstone group. And CBS looks to buy half of TV Guide Network.
Microsoft is in discussions to invest between $1 billion and $3 billion of mezzanine financing in a buyout of Dell, CNBC cited unidentified sources as saying on Tuesday. Private equity outfit Silver Lake Partners is trying to finalize a bidding group to take the world's No. 3 PC maker private.
Dell aims to increase services in China to 25% of total revenues in that country within three years, up from the current 10%. Although Dell is late to the lucrative services game compared to IBM and HP, analysts say it has a shot at reaching its lofty goals.


