Earlier today we announced the completion of the acquisition by Michael Dell and Silver Lake Partners to take Dell private. The company has ceased trading and has commenced the process to delist its common shares from the NASDAQ Stock Market.
Under the terms of the merger agreement, Dell stockholders will receive $13.75 in cash for each share of Dell common stock they hold, plus payment of a special cash dividend of $0.13 per share to stockholders of record as of the close of business on Oct. 28, 2013, for total consideration of $13.88 per share in cash. The total transaction is valued at approximately $24.9 billion.
We are modifying our investor relations website to better suit a Private Dell. We plan to continue to update you on key technological and strategic advances we think you will find interesting and relevant. We look forward to your thoughts and feedback.