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Dell announces it will buy out VMWare Tracking Stock

Business Insider

Dell said on Monday it will buy out the holders of shares that track the performance of VMWare Inc using a mix of cash and equity in Dell.

The move marks the end of a strategic review that Dell has been conducting for several months as it has sought to consolidate its complicated ownership structure without overburdening its balance sheet, which bears around $50 billion in debt...

Mentions: Dell VMware