Michael Dell is trying to get control of Dell, Inc. with as much as $1 billion of his own personal funds. His goal: shift the company’s focus from PC sales to a more enterprise-focused company that can operate without the pressures of being publicly traded.
According to Bloomberg, Dell, who now owns 15.7 percent of the company, may contribute between $500 million to $1 billion to the buyout led by Silver Lake Management with potential support from Microsoft Corp. With the personal investment, Dell’s value in the company would be $3.45 billion.
With the investment, Dell’s contribution would be more than half of the total “$8 billion to $9 billion equity check, with the remainder of the takeover financed by debt and possibly some of the $11 billion of cash Dell reported it had as of Sept. 30. Silver Lake and Microsoft would invest $1 billion to $2 billion…
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