Analyst Srinivasan on Dell Going Private, LBO
Feb. 5 (Bloomberg) -- Anand Srinivasan, an analyst with Bloomberg Industries, talks about Dell Inc.'s decision to go private in a deal valued at $24.4 billion, undertaking the biggest leveraged buyout since the financial crisis.
Chief Executive Officer and founder Michael Dell and Silver Lake Management LLC will pay $13.65 a share, the companies said today in a statement. Microsoft Corp. is contributing $2 billion. Srinivasan speaks with Betty Liu, Cristina Alesci and Jon Erlichman on Bloomberg Television's "In the Loop." (Source: Bloomberg)