morning, dell is in talks to buy
data storage product emc.
dell's offer would be above $27
a share.
by the way, i can't tell you how
much because wron.
those kind of conversations when
you have them with people
involved in the deal typically
don't go into the greatest form
of detail.
however, the two companies have
been talking about a deal for
quite some time, and, in fact,
maybe as little as a week away
from inking some sort of a
transaction.
very importantly here, the deal
that is being proposed would
include dell keeping control of
vm wear.
right now emc owns 81% to 83%.
81% of vm wear.
the deal being proposed would
include dell maintaining the
control.
it would maintain at least 51%.
it would be delivered to emc