Does any of this seem familiar to anyone else?
February 5, 2013 10:28 AM Subscribe
posted by entropicamericana (70 comments total)
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Michael Dell, with the help of a $2 billion dollar investment from Microsoft, is taking Dell private
. Dell was once a $100 billion company, but has fallen behind HP and Lenovo in marketshare in the post-PC era. This is the largest leveraged buyout since 2007.
Barely fifteen years ago, when asked what he would do if he were in charge of then-beleaguered Apple Computers, Dell famously said, "What would I do? I'd shut it down and give the money back to the shareholders." That year, Apple secured a $150 million dollar investment from Microsoft that kept the struggling company afloat while the iCeo Steve Jobs began that gargantuan task of turning the company into the juggernaut it is today.