Michael Dell is the founder and chief executive of Dell, the world's third- largest computer hardware manufacturer by revenue. He currently owns about 15 percent of the Round Rock, Texas-based company. Through his New York-based investment firm, MSD Capital, Dell also controls an investment portfolio worth more than $9 billion.
Waypoint Leasing, a specialist in helicopter deals whose backers include Soros Fund Management LLC, reached an agreement for borrowing capacity of as much as $550 million to secure $1 billion in assets by the end of 2014.
Wal-Mart Stores Inc.’s former general counsel has joined a sports-medicine clinic and foundation supported by a range of wealthy benefactors, including a member of the Walton family and a Wal-Mart director.
When Ken Duberstein’s secretary told him Michael Dell was on the phone on the afternoon of July 31, there was little doubt about the topic. That morning, Dell Inc.’s special board committee had rejected the latest offer from Dell to take the personal-computer company private, a battle that was dragging into its 11th month.
Facebook Inc.’s fourth straight quarter of positive net income settles one of the final conditions for the 29th-biggest U.S. stock to join the benchmark Standard & Poor’s 500 Index 17 months after its trading debut.
JPMorgan Chase & Co. Vice Chairman Jimmy Lee sees “more very large transactions” including mergers and acquisitions, leveraged buyouts and activist activity as capital costs stay low and investors pursue growth.
Dell Inc. said Chief Executive Officer Michael Dell and Silver Lake Management LLC have completed their $24.9 billion leveraged buyout after pushing for most of this year to take the computer maker private.
Silver Lake Management LLC, the biggest technology-focused private-equity firm, has left investors wondering about the future role of its middle-market unit’s founder as the division prepares to raise a new fund next year, four people familiar with the matter said.