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Dell Technologies Inc (DVMT.N)

DVMT.N on New York Stock Exchange

80.00USD
27 Dec 2018
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Latest Key Developments (Source: Significant Developments)

Carl Icahn Reports A 6.3 Pct Passive Stake In Dell Technologies As Of Dec 28, 2018 - SEC Filing
Monday, 7 Jan 2019 05:25pm EST 

Jan 7 (Reuters) - Icahn Partners Master Fund LP::CARL ICAHN REPORTS A 6.3 PERCENT PASSIVE STAKE IN DELL TECHNOLOGIES AS OF DEC 28, 2018 - SEC FILING.  Full Article

Dell Says Units Of Co Are Party To Credit Agreement Dated As Of Sept 7, 2016 With Credit Suisse, Cayman Islands Branch
Friday, 21 Dec 2018 05:18pm EST 

Dec 21 (Reuters) - Dell Technologies Inc ::DELL TECHNOLOGIES INC - UNITS OF CO ARE PARTY TO A CREDIT AGREEMENT DATED AS OF SEPT 7, 2016 WITH CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH - SEC FILING.DELL TECHNOLOGIES - PARTIES ENTERED 4TH AMENDMENT TO SENIOR SECURED CREDIT AGREEMENT TO INCREASE REVOLVING COMMITMENTS BY $1,170 MILLION TO $4,500 MILLION.DELL TECHNOLOGIES - CREDIT PARTIES TO ALSO OBTAIN A NEW SENIOR SECURED TERM LOAN A-4 FACILITY OF $1,650 MILLION TERM A-4 LOANS MATURING ON DEC 20, 2023.DELL TECHNOLOGIES INC - PARTIES TO OBTAIN NEW SENIOR SECURED TERM LOAN A-5 FACILITY OF $5,000 MILLION TERM A-5 LOANS, $2,016 MILLION WAS DRAWN ON DEC 21, 2018.  Full Article

Dell Technologies Stockholders Approve Class V Transaction
Tuesday, 11 Dec 2018 09:13am EST 

Dec 11 (Reuters) - Dell Technologies Inc ::DELL TECHNOLOGIES STOCKHOLDERS APPROVE CLASS V TRANSACTION.DELL TECHNOLOGIES INC - TRANSACTION IS EXPECTED TO CLOSE ON DECEMBER 28, 2018.DELL TECHNOLOGIES INC - VOTES IN FAVOR OF TRANSACTION CONSTITUTE MORE THAN 89% OF CLASS V SHARES VOTED BY UNAFFILIATED CLASS V COMMON STOCKHOLDERS.DELL TECHNOLOGIES - DELL TECHNOLOGIES CLASS C SHARES EXPECTED TO BEGIN TRADING ON NEW YORK STOCK EXCHANGE ON DECEMBER 28.DELL TECHNOLOGIES INC - TRANSACTION ALSO WAS APPROVED BY HOLDERS OF DELL TECHNOLOGIES' OUTSTANDING CLASS A COMMON STOCK AND CLASS B COMMON STOCK.DELL - HOLDERS OF MORE THAN 61% OF CO'S CLASS V COMMON STOCK, EXCLUDING AFFILIATES OF CO & VOTING AS SEPARATE CLASS, VOTED IN FAVOR OF DEAL.  Full Article

Dell Technologies - Amendment to merger provides holders of Class C stock to have right to increase maximum of authorized directors to 21
Thursday, 15 Nov 2018 07:32am EST 

Nov 15 (Reuters) - Dell Technologies Inc ::DELL TECHNOLOGIES - AMENDMENT TO MERGER PROVIDES HOLDERS OF CLASS C STOCK TO HAVE RIGHT TO INCREASE MAXIMUM OF AUTHORIZED DIRECTORS TO 21.DELL TECHNOLOGIES - ON NOV 14 CO & VMWARE ENTERED WAIVER AND FURTHER AGREED TO WAIVE PROVISIONS OF VMWARE LETTER - SEC FILING.DELL TECHNOLOGIES-NOMINATING & CORPORATE GOVERNANCE COMMITTEE EXPECTED TO INITIALLY BE COMPRISED OF MICHAEL DELL, EGON DURBAN & 1 INDEPENDENT DIRECTOR.DELL TECHNOLOGIES - GROUP IV DIRECTOR TO INITIALLY BE ELECTED AT 2ND ANNUAL MEETING OF STOCKHOLDERS OF COMPANY OCCURRING AFTER CLOSING.  Full Article

Dell Technologies announces significant enhancements to Class V transaction
Thursday, 15 Nov 2018 07:00am EST 

Nov 15 (Reuters) - Dell Technologies Inc ::DELL TECHNOLOGIES ANNOUNCES SIGNIFICANT ENHANCEMENTS TO CLASS V TRANSACTION.DELL TECHNOLOGIES INC - FINAL PER SHARE OFFER OF $120 CASH, SUBJECT TO AN INCREASED AGGREGATE CASH CAP OF $14 BILLION.DELL TECHNOLOGIES INC - FINAL PER SHARE OFFER OF $120 CASH, SUBJECT TO AN INCREASED AGGREGATE CASH CAP OF $14 BILLION, OR 1.5043-1.8130 CLASS C SHARES.DELL TECHNOLOGIES INC - INCREASES AGGREGATE IMPLIED VALUE TO CLASS V STOCKHOLDERS BY APPROXIMATELY $2.2 BILLION.DELL TECHNOLOGIES INC - UP TO 59% OF TOTAL CONSIDERATION WILL BE PAYABLE IN CASH.DELL TECHNOLOGIES INC - $120 IMPLIED VALUE PER SHARE IMPLIES A TOTAL MARKET CAPITALIZATION OF $23.9 BILLION FOR CLASS V COMMON STOCK.DELL TECHNOLOGIES INC - DELL TECHNOLOGIES EXPECTS TO FUND INCREASE IN MAXIMUM AGGREGATE CASH CONSIDERATION WITH UP TO $5 BILLION OF DEBT FINANCING.DELL TECHNOLOGIES - IMMEDIATELY FOLLOWING COMPLETION OF PROPOSED TRANSACTION, CLASS V STOCKHOLDERS WILL OWN APPROXIMATELY 17%-33% OF DELL TECHNOLOGIES.DELL TECHNOLOGIES INC - BOARD WILL ALSO SELECT A FOURTH INDEPENDENT DIRECTOR TO BE APPOINTED TO BOARD BY JUNE 30, 2019.DELL TECHNOLOGIES - CLASS V STOCKHOLDERS CAN ELECT TO GET FOR EACH SHARE OF CLASS V COMMON STOCK EITHER $120, IN CASH, SUBJECT TO AGGREGATE $14 BILLION CAP.DELL TECHNOLOGIES INC - EXPECTS TO FUND INCREASE IN MAXIMUM AGGREGATE CASH CONSIDERATION WITH UP TO $5 BILLION OF DEBT FINANCING.  Full Article

Carl Icahn's Statement In Response To Press Inquiries Of Dell Transaction Rumors
Wednesday, 14 Nov 2018 03:53pm EST 

Nov 14 (Reuters) - Carl C. Icahn::CARL C. ICAHN ISSUES STATEMENT IN RESPONSE TO PRESS INQUIRIES REGARDING DELL TRANSACTION RUMORS.CARL C. ICAHN SAYS AT A MINIMUM, CLASS C SHAREHOLDERS OF DELL TECHNOLOGIES MUST HAVE THE RIGHT TO ELECT AT LEAST 3 INDEPENDENT DIRECTORS.CARL C. ICAHN SAYS WITHOUT ITS PROPOSED CORPORATE GOVERNANCE FOR DELL, BELIEVE "RUMORED OFFER WILL BE WORTH FAR LESS THAN ITS HEADLINE PRICE".CARL ICAHN - IF DELL GETS HIGHER PRICED DEAL FOR DVMT SHARES APPROVED, OUR UNDERSTANDING IS DVMT SHAREHOLDERS WILL OWN OVER 20% OF DELL’S STOCK.CARL C. ICAHN SAYS "IT IS IMPERATIVE THAT DVMT SHAREHOLDERS ARE GIVEN BASIC CORPORATE GOVERNANCE RIGHTS AS CLASS C SHAREHOLDERS".  Full Article

Dell Discusses Sweetening Tracking-Stock Offer With Large Shareholders - WSJ
Tuesday, 6 Nov 2018 05:48pm EST 

Nov 6 (Reuters) - :DELL DISCUSSES SWEETENING TRACKING-STOCK OFFER WITH LARGE SHAREHOLDERS - WSJ, CITING SOURCES.DELL REACHED OUT TO HANDFUL OF LARGE HOLDERS OF SHARES IN DELL TECHNOLOGIES INC CLASS V TO DISCUSS WHAT THEY WOULD NEED IN A RECUT DEAL- WSJ.  Full Article

Carl Icahn Says Filed Complaint Against Dell Technologies -Tweet
Thursday, 1 Nov 2018 07:57am EDT 

Nov 1 (Reuters) - Dell Technologies Inc ::CARL ICAHN SAYS FILED COMPLAINT AGAINST DELL TECHNOLOGIES INC -TWEET.  Full Article

Icahn Says Commenced Litigation Against Dell Technologies
Thursday, 1 Nov 2018 07:54am EDT 

Nov 1 (Reuters) - Dell Technologies Inc ::ICAHN SAYS COMMENCED LITIGATION AGAINST DELL TECHNOLOGIES.CARL ICAHN SAYS COMPLAINT DEMANDS THAT DELL PERMIT ICAHN TO REVIEW AND POTENTIALLY SHARE MATERIAL INFORMATION RELATING TO THE PROPOSED DVMT MERGER.CARL ICAHN SAYS ASHBY & GEDDES PA IS REPRESENTING ICAHN, HIS AFFILIATES IN LITIGATION AGAINST DELL.  Full Article

Carl Icahn Reports A 9.3 Pct Stake In Dell Technologies Inc As Of Oct 30
Tuesday, 30 Oct 2018 07:11am EDT 

Oct 30 (Reuters) - Dell Technologies Inc ::CARL ICAHN REPORTS A 9.3 PERCENT STAKE IN DELL TECHNOLOGIES INC AS OF OCT 30 - SEC FILING.CARL ICAHN HAD PREVIOUSLY REPORTED A 8.3 PERCENT STAKE IN DELL TECHNOLOGIES INC AS OF OCT 2.  Full Article

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Dell gets shareholder approval for VMware deal

Dell Technologies Inc said on Tuesday it has received shareholder approval for its earlier announced deal to buy back shares tied to its interest in software maker VMware , paving the way for it to return to the market.