Dell Inc. is exploring a number of transformative strategic alternatives, including an IPO and a deal with VMware Inc. , according to a Wall Street Journal report Thursday night. Dell currently holds a stake in VMware, which is valued at about $50 billion. Dell went private in 2013 after it was acquired by Michael Dell, its founder and CEO. In 2015, Dell acquired EMC Corp. for $67 billion.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News