Dell buys data storage firm EMC for $91bn
MICHAEL Dell will serve as chairman and CEO of the combined business formed when Dell takes over data storage company EMC in a $91 billion deal.
US computer giant Dell is buying data storage company EMC in a deal valued at approximately $US67 billion ($A91.5 billion).
SHAREHOLDERS of EMC Corp will receive about $US33.15 per share, which includes cash plus tracking stock linked to part of EMC's economic interest in the VMware business.
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