Dell to Return to Public Markets With Tracking Stock Buyout
Dell Technologies, the world's largest technology company, is planning to go public again, five years after it became a private company, Bloomberg reported
• The company said it will buy out its tracking stock (DMTV), created to mirror VMware's value, combining cash and shares for a deal valued at $21.7 billion
• VMware will pay shareholders an $11 billion cash dividend, with Dell offering more shares or cash to make up the difference