Re:Dell could emerge as a public company through a reverse m...
by acct1771 on Monday January 29, 2018 @12:12PM
(#16258842)
Of course you mean go public again.
...didn't Michael spend a lot of time and angst going public, for long-term success' sake?
Re:Dell could emerge as a public company through a reverse m...
by jonknee on Monday January 29, 2018 @01:31PM
(#16259507)
He did, but the corporate tax cut was funded partially by giving less preferential treatment to debt (only being able to deduct 30% of the interest) and Dell was taken private with tons of debt. The takeover of EMC added tons more debt.
Re:Dell could emerge as a public company through a reverse m...
by Blackstone4 on Monday January 29, 2018 @12:57PM
(#16259243)
True. Maybe Dell will keep majority control or do a Zuckerberg
Re:Dell could emerge as a public company through a reverse m...
by acct1771 on Wednesday January 31, 2018 @01:33AM
(#16271957)
Meant "private" the latter time.
Re:Dell could emerge as a public company through a reverse m...
by seanmcdirmid on Monday January 29, 2018 @12:10PM
(#16258818)
Isn't that known as a back door listing? Incidentally, these were really common on the Chinese stock exchange a few years ago, which is how I became familiar with the term at least.
Re:Dell could emerge as a public company through a reverse m...
by paulddraper on Monday January 29, 2018 @02:13PM
(#16259873)
Yes. It happens to be a very expensive back door listing in this case.
While legally it would be VMWare buying Dell, practically Dell already controls VMWare. The manoeuvre is a reverse IPO, a way for Dell to go public without the rigmarole.