concern over VMW's corporate governance under Dell
I would have laughed this off a week ago. But not now - not since Dell has proven to the whole world that they are employing incompetent morons.
The Dell-EMC acquisition was announced on 12 October this year, with Dell buying EMC along with its 80 per cent holding in VMWare. Since the deal was announced, VMWare shares (VMW) have lost considerable value compared to EMC’s shares. Bernstein analyst Toni Sacconaghi thinks the EMC share price fall “can be attributed to the …
Don't forget the potential $9BILLION tax bill that could torpedo this whole thing. I haven't heard news that the issue has been resolved.
Frankly I can't see how this is a good deal for EMC investors. Tracking stocks have a shitty history and the share holders have no voting rights. Dell wants to have its cake, eat it, and stick the restaurant with the bill.
Seibert: Yeah. So, listen, fellas, who’s up for a little party this Saturday night? Open bar, good eats, might even be a few pretty girls.
Raj: Sounds great!
Howard: I’m in!
Sheldon: Hold on. Just because the nice man is offering you candy, doesn’t mean you should jump into his windowless van. What’s the occasion?
Seibert: Just a little fund-raiser for the university.
Sheldon: Aha! The tear-stained air mattress in the back of the van.