Jump to content

DVMT - VMW Tracking Stock


johnhuber

Recommended Posts

  • 3 months later...
  • Replies 55
  • Created
  • Last Reply

Top Posters In This Topic

We are getting closer - "Dell to boost cash portion of DVMT deal by about 50%, according to people familiar with the matter"

 

https://www.wsj.com/articles/dell-technologies-to-sweeten-deal-for-dvmt-tracking-shares-1542215765?mod=yahoo_hs&yptr=yahoo

 

This also comes after reports that Dell reached out to large shareholders to find out at which price they would accept a deal.

Link to comment
Share on other sites

  • 1 month later...

Saw this in bloomberg, so my take is that it's trading ex. cash?

 

Dell Technologies Shares Adjust to Reflect Post-Election Status

By Joshua Fineman

(Bloomberg) -- Dell Technologies Inc., the tracker for VMW, trades near ~$77 after Class V holders Friday elected the form of consideration they would receive in connection with Dell offer.

Stock should be trading just below $80 share post election, WallachBeth event-driven strategist Brett Buckley wrote in note earlier

Deal close expected Dec. 28 and Dell Technologies Class C shares are expected to begin trading on the NYSE on the same day

Dell will likely trade to ~$43/share when it starts trading based on each DVMT share receiving 1.806 Dell shares (Buckley estimates), though this is based on the stock market at the time, Buckley wrote

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now



×
×
  • Create New...