PER
| 9:30AM 10/13/2009
In an exclusive interview with Bloomberg, Michael Dell of Dell Inc. (DELL) said his company is "rapidly developing" merger expertise and will seek more deals as part of a turnaround plan.
Dell is considered to be well behind Hewlett-Packard (HPQ) and IBM (IBM) in its attempt to diversify beyond its...
| 5:05AM 9/25/2009
Reza Saleh, the man accused of insider trading in the Dell (DELL) buy-out of Perot Systems (PER), is known as a hero to many. According to The Wall Street Journal, he played a key role, and risked his life, by freeing two EDS employees held hostage in an Iranian jail. The 1979 rescue is still the...
| 5:05AM 9/24/2009
Insider trading is no longer very difficult to track. The stock exchanges and SEC use extensive monitoring systems driven by complex software to look at huge numbers of transactions each day, searching for anomalies and patterns that are out of the ordinary. In a huge M&A transaction like the...
| 2:40PM 9/21/2009
Dell Inc. (DELL) agreed to pay a 68 percent premium for Perot Systems Corp. (PER) in a $3.9 billion acquisition announced today. That's a shockingly high figure in a stock market that has run up enormously. What's more, Dell paid cash, $30 per share, a step that means all the risk in the deal is...
| 9:20AM 9/21/2009
Dell Inc. (DELL), which is trying to hold onto its shrinking share of the PC market, today agreed to acquire information technology services company Perot Systems Inc. (PER) for about $3.9 billion. The addition of Perot would allow the computer maker to add services such as IT consulting geared...