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Thursday, January 17, 2013

Silver Lake hunts for investors in Dell deal-sources, (NASDAQ: DELL)

Silver Lake Partners, trying to finalize a bidding group to take Dell Inc private, is in talks with the manager of Canada's pension plan and other potential investment partners, people familiar with the matter said.Dell also has formed a special committee to take a close look at any potential deal on the table, multiple sources with knowledge of the matter told Reuters.Silver Lake, in its quest to put together what would be the largest takeover since the global financial crisis, has reached out to the $170 billion Canada Pension Plan Investment Board and other investors in its fund, known as limited partners, the people said.Thus far, Singapore's state investor Temasek Holdings Pte Ltd -- another prospective equity partner that Silver Lake has tapped -- is not interested in joining the consortium, the people said.

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 1.67% or $0.21/share to $12.82. In the past year, the shares have traded as low as $8.69 and as high as $18.36. On average, 27248800 shares of DELL exchange hands on a given day and today's volume is recorded at 44262344.



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