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Tuesday, February 5, 2013

Takeover Digest - Wall Street Journal - Feb 5, (NASDAQ: DELL)

The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. * Michael Dell is close to finishing a risky $23 billion deal to take private the computer company he founded nearly 30 years ago, in an effort to remake Dell Inc for a post-PC era.* The Justice Department in the United States sued Standard & Poor's Ratings Services late Monday, alleging the firm ignored its own standards to rate mortgage bonds that imploded in the financial crisis and cost investors billions.

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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