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VMware is slipping after reports it might buy Dell in a massive tech deal (VMW)

VMWare stock price

  • Dell could be coming back to the public markets as the result of an odd reverse merger with VMWare, CNBC reported on Monday.
  • Shares of VMware fell more than 8% on the news, to about $138.61.
  • The reverse merger would involve the smaller VMware taking over the larger Dell, which currently owns 80% of VMware.
  • Dell went private in 2013, and would go through the reverse merger in order to move back onto the public markets without a new public offering. Dell is looking into other methods of going public as well.
  • Dell acquired its stake in VMware in 2015, when the company read more >>>

    Source:: BusinessInsider.Com