![]() Meanwhile EMC's stock is down about 9% since the deal was announced, and VMware's stock is down about 17%. It all adds up to the fact that this huge acquisition is not yet a sure thing. (Hesseldahl goes into detail on the mechanics of the applicable tax code, and why Dell thinks the worst-case scenario won't apply.) Upgrade to unlock premium data and export to Excel. I recommend using options on EMC for shareholders insisting on remaining exposed to this stock prior to the. Click the link icon to see the full transaction history. Dell's purchase of EMC will bring the total value of EMC to at least 30. 270271 EI (Employee Involvement) teams, 142143 Electrical technicians. Insiders are pretty worried about an unfavorable IRS ruling, reports Re/Code's Arik Hesseldahl, citing people close to the deal. DELL Institutional Ownership and Shareholders - Dell Technologies Inc - Class C (NYSE) Stock. If that happens, the tax bill could make EMC prohibitively expensive for Dell and kill the deal altogether. So he and his dealmakers have come up with a clever way to buy the company using a combination of borrowed cash ($24.05 per share) and something called a "tracking stock" (around $9 per share) that represents and is tied to EMC’s 81% controlling interest in VMware.ĭell is hoping the IRS will view the tracking stock for VMware as a tax-free exchange of equities.Īnd even if it does and the deal is approved as is, Dell is expected to have a whopping $50 billion of debt on its books.īut the IRS might throw a wrench into that, and view that tracking stock as something that is taxable. primarily stock options, and, in specific circumstances, restricted stock and. Michael Dell wants to buy computer storage maker EMC for $67 billion, the largest tech merger ever. Should you wish to sell or transfer your shares currently held with UBS, please contact UBS at 1-20, 9:00 to 5:00 pm EST. It often indicates a user profile.ĭell Inc. (UBS) is no longer the provider of stock benefit services to the participants of Dell Technologies. of Stock Options for Selected ICT Companies, 1995-2005 Cisco ( ) Dell. Account icon An icon in the shape of a person's head and shoulders. TABLE 5 Average Gains per Employee ( Excluding the CEO and Four Other Highest. ![]()
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