Dell Inc.’s acceptance of a buyout bid was a reminder of how far the third-largest U.S. maker of personal computers has fallen from its 1990s heyday. The $13.65 a share that Michael S. Dell, the company’s founder and chief executive officer, and Silver Lake Management LLC, a private-equity firm, offered in the buyout was 73 percent less than the stock’s price at the end of 1999.Ouch.
Wednesday, February 06, 2013
Dell Buyout Offer Shows Descent From ’90s Peak: Chart of the Day
Bloomberg reports: