Discussion in 'Article Discussion' started by bit-tech, 30 Jan 2018.
I guess this, if it comes to pass, must be perfectly legal but getting a company your a majority shareholder in to buy your company sure seems peculiar or like some sort of clever accounting trick.
It is not about accounting trick, but about the parent company not being listed on NASDAQ, while VMware is. Instead of going through the lengthy process of being listed again, they let VMware "buy" Dell, then probably change the VMware to Dell, while keeping the old NASDAQ ticker.
This is all because there is a mahooosive debt payment due next year thanks to the new Tax Laws.
Dell Has 49 Billion Reasons to Consider Going Public Again
'Bigliest technology deal ever' - Fox News. Allegedly.
Yeah I presume the reason won't be as straight forward as fit first appears.
So... buy VMWare stock in anticipation? Short VMWare? Retreat to minimum safe distance with popcorn to watch the fireworks?
Latter. Should have shorted last week.
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