Deals
Blackstone Said to Approach Hurd About Running Dell After Buyout
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Blackstone Group LP, which is considering a bid for Dell Inc., has approached Oracle Corp. President Mark Hurd about running the computer maker, according to a person with knowledge of the matter.
The private-equity firm hasn’t made a formal offer to Hurd, said the person, who asked not to be identified because the overture was private. Blackstone is considering whether to make a rival proposal to Dell’s planned $24.4 billion buyout by its founder, Michael Dell, and Silver Lake Management LLC, people with knowledge of the matter said this week.