1. Dell Technologies: Sweetens VMware Offer with Higher Price, Board Seat

    Dell Technologies: Sweetens VMware Offer with Higher Price, Board Seat

    (Reuters) - Dell Technologies on Thursday raised its offer to buy back shares tied to its interest in software maker VMware to $120 per share, still way short of the $300 price suggested by activist investor Carl Icahn. The computer maker in July offered to pay $21.7 billion, or $109 per share, in cash and stock to buy back shares tied to its interest in VMware, returning the computer maker to the stock market without an initial public offering...

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    1. We believe the revised terms announced today align with the best interests of all Class V shareholders.
    2. It will start to move forward at this new price of $120 a share. It seems many of the large holders are agreeing to accept it.
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