It looks like the worst is over for the VMware stock price.
Dell is talking about buying back $3 billion worth of VMW stock to undo the damage its $67 billion acquisition of EMC has done to the VMware stock price.
VMware Inc. (NYSE: VMW) stock has suffered in the wake of that deal, losing a third of its value since the news leaked in early October.
It looks like the worst is over for the VMware stock price.
Dell is talking about buying back $3 billion worth of VMW stock to undo the damage its $67 billion acquisition of EMC has done to the VMware stock price.
VMware Inc. (NYSE: VMW) stock has suffered in the wake of that deal, losing a third of its value since the news leaked in early October.
Here's what Dell's latest move means for shareholders...
Dell Inc.'s purchase of EMC is reportedly worth $67 billion.
In terms of revenue, the EMC purchase could now put Dell right behind HP and IBM.
Dell and private equity firm Silver Lake announced today (Monday) they are buying EMC Corp. (NYSE: EMC) for $33.15 a share, or $67 billion.
Now investors are asking us, "Should I buy EMC stock?"
EMC Corp. (NYSE: EMC) shares rose more than 5% to $27.44 (today) Thursday on news the data storage company is in talks to be acquired by Dell Inc.
Now investors are asking us, "Will Dell buy EMC?"
