Dell and Compellent’s Possible Business Combination

December 9, 2010 by | Comments

Dell (NASDAQ: DELL) and Compellent Technologies, Inc. (NYSE: CML) today announced they are engaged in advanced discussions regarding a possible business combination involving the two companies.

Dell and Compellent have entered into an exclusivity agreement to negotiate a merger agreement in which Dell would acquire all of the outstanding common stock of Compellent at a price of $27.50 per share in cash.

There can be no assurances that an agreement will be reached or that a transaction will be consummated. Dell and Compellent do not intend to comment further until an agreement is reached or discussions are terminated.

–(Press Releases)–

Enjoyed it? Share it!

Digg facebook delicious live
google linkedin myspace reddit
stumble technorati twitter Yahoo
This page is archived in:

- Feeds - Financial - News 

Tags: dell
Stay Tuned...
RSS
RSS
e-Mail