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Friday, April 19, 2013

Deals of the day -- mergers and acquisitions, (NYSE: BX), (NASDAQ: DELL)

The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Friday.** Blackstone Group LP has ended its pursuit of Dell Inc, easing the way for founder Michael Dell and his private equity partner Silver Lake to go ahead with a $24.4 billion deal to acquire the world's No. 3 PC maker.

The Blackstone Group L.P. (Blackstone) is a United States-based company that is a manager of private capital and provider of financial advisory services. Shares of BX traded higher by 0.2% or $0.04/share to $20.02. In the past year, the shares have traded as low as $11.13 and as high as $21.46. On average, 5286330 shares of BX exchange hands on a given day and today's volume is recorded at 4427648.

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 3.98% or $-0.555/share to $13.40. In the past year, the shares have traded as low as $8.69 and as high as $16.61. On average, 31300600 shares of DELL exchange hands on a given day and today's volume is recorded at 89309672.



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