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Tuesday, February 5, 2013

Takeover Digest-New York Times business news - Feb 5, (NASDAQ: DELL)

The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. * The Justice Department in the United Status filed civil fraud charges late Monday against the nation's largest credit-ratings agency, Standard & Poor's, accusing the firm of inflating the ratings of mortgage investments and setting them up for a crash when the financial crisis struck.* Dell Inc neared an agreement on Monday to sell itself to a group led by its founder and the investment firm Silver Lake for more than $23 billion, people briefed on the matter said, in what would be the biggest takeover since the financial crisis.

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 fell by 2.64% or $-0.36/share to $13.27. In the past year, the shares have traded as low as $8.69 and as high as $18.36. On average, 31671900 shares of DELL exchange hands on a given day and today's volume is recorded at 43776388.



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