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Sunday, May 19, 2013 | 6:32 p.m.

Dell's Next Move May Not Be So Private

Dell's $24.4 billion deal to go private is the biggest leveraged buyout since the recent financial crisis. It's being financed by equity and cash from the company's founder Michael Dell, cash from private equity firm Silver Lake, a $2 billion loan from Microsoft and debt financing from four banks. Investors get a 24-percent premium from where the stock was trading before the deal was announced.
 
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TXTL8R

WPXI TXTL8R Campaign

WPXI is partnering with local businesses to distribute TXTL8R thumb bands designed to remind drivers to "text later!"