According to Bloomberg sources, Dell is considering taking its company off the public stock market. Trading has been halted on the company for the time being while the situation plays out. Dell has told CNBC that it won’t comment on “rumours and speculation”.
Dell taking its company private, if that were to happen, would mean that all of the publicly traded shares would be bought up by a private firm. Being private means looser regulatory issues to deal with and could be an opportune way for shareholders to cash out. We’ll update you with more information as it’s available. [Bloomberg]