Microsoft Corp is in discussions to invest between $1 billion and $3 billion in a takeover of Dell Inc, CNBC cited unidentified sources as saying on Tuesday. The world's largest software company will provide the capital in the form of mezzanine financing, the business TV outlet reported, a hybrid of debt and equity.Shares in Dell gained almost 2 percent to $13.08 in late morning trade.
Dell Inc. (Dell) is a global information technology company that offers its customers a range of solutions and services delivered directly by Dell and through other distribution channels. Shares of DELL traded higher by 1.64% or $0.21/share to $13.05. In the past year, the shares have traded as low as $8.69 and as high as $18.36. On average, 28008100 shares of DELL exchange hands on a given day and today's volume is recorded at 38655736.
Source
