Connect with us

Hi, what are you looking for?

Jewish Business News


Michael Dell Predicts More Companies Will Go Private

Michael Dell / Getty


In the largest technology-related buyout in history, Michael Dell famously took Dell, the company he founded, private for $24.8 billion. Dell admits it wasn’t easy, but is happy with the decision, and thinks more companies could and should follow his lead, as reported by Var Guy. Dell had a fight on his hands with Carl Icahn, to whom he had to give price concessions before the deal was approved.

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at
Thank you.

Activist investors are less of a worry if a company is private rather than public, as well as not having to please Wall Street analysts. Dell feels the ability to take risks and grow the company at the pace needed are other advantages to not having to present quarterly earnings. Dell said he’s been contacted by managements of other companies that want to go private, and is often asked for his advice on how to do so.

“Think about all the time dealing with governance and preparing for investor activities and dealing with shareholder requests, ” Dell told Bloomberg. Now he can devote that time to his company.

“We’re becoming more efficient, more productive. We’re adding headcount in research and development and in sales.”

Michael Dell was born to a Jewish family in Houston, Texas. His family name came about as an alteration of the Yiddish word for Valley or Dale, which is Thal.



You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...


The Movie The Professional is what made Natalie Portman a Lolita.


After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.