Los Angeles Business Journal

Dell to Go Private in $24 Billion Deal

Tuesday, February 5, 2013

Dell announced this morning it agreed to go private in a $24.4 billion deal led by its founder and the investment firm Silver Lake, in the biggest leveraged buyout since the financial crisis, the New York Times reports. The Wall Street Journal says the deal also marks an unofficial end to the era when a handful of entrepreneurs made PCs the dominant computing device.