Dell's Stock Soars on Report of Possible Buyout
By Staff Reporter
Posted on 01/14/13 | News Source San Francisco Chronicle |
ROUND ROCK, Texas (AP) — Dell's stock is soaring 13 percent on a Monday report that the struggling personal computer maker is in talks to take the company private.
Bloomberg News says Dell has discussed a potential sale with at least two firms that specialize in buying companies whose stocks have fallen out of favor. The report cited unnamed people with knowledge of the situation.
Dell Inc., which is based in Round Rock, Texas, declined to comment.
Read More: San Francisco Chronicle
Photo Caption: Oklahoma Cityâ€™s Dell Campus