Microsoft in Talks to Invest $1 Bln -$3 Bln as Part of of Dell LBO - CNBC
By Samuel Kwon
Jan 22, 2013 11:24 AM EST
Deals
File photo of a company logo of Dell on the cover of its laptop at a Dell outlet in Hong Kong (Photo : REUTERS)
Microsoft Corp is in discussions to invest between $1 billion and $3 billion in a buyout of Dell Inc, CNBC cited unidentified sources as saying on Tuesday.
The world's largest software company will provide the capital in the form of mezzanine financing, the business TV outlet reported, a hybrid of debt and equity.
Shares in Dell gained almost 2 percent to $13.08 in late morning trade.
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