Wednesday, February 06, 2013

Dell Buyout Offer Shows Descent From ’90s Peak: Chart of the Day

Bloomberg reports:
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.