Why is a tracking stock being used to finance the acquisition of EMC?
How Dell and EMC put this deal together is interesting, as a lot of
Based on the estimated number of EMC shares outstanding at the close of
There are worries inside Dell that the VMware tracking stock designed to avoid paying taxes may instead trigger them.
Dell's use of a tracking stock has been a key ingredient in its ability to take storage company EMC private. Without a publicly traded stock of its ...
The acquisition of the publicly traded tracking stock will result in Dell becoming
Dell announced it has agreed to buy back the VMware tracking stock from the EMC acquisition. The company confirmed the buy-back price of ...
More specifically, existing EMC shareholders are expected to receive 0.111 shares of new VMware tracking stock for each EMC share.
Because of the planned tracking stock in VMware, the computer maker will be subject to all the disclosure requirements of a public company.
The Dell-EMC deal could face rocky waters ahead due to plummeting stock and share value.