Surprising developments at Dell may save it
Tom Dougherty, CEO – Stealing Share
26 March 2013
Even if Dell is saved, there’s much work to do
Michael Dell, the founder of Dell Computer, looked like a cinch to reclaim private ownership of the company as recently as last month.
Hold on. New bidders have arrived.
“The Blackstone Group and Carl Ichan are making moves, which is very surprising. Dell has been hemorrhaging money for the last few years and, frankly, looked like it was on its way out.”
Maybe there is something worthy at Dell
The Blackstone Group and Carl Ichan are making moves, which is very surprising. Dell has been hemorrhaging money for the last few years and, frankly, looked like it was on its way out.
Once the market leader, the company is now third behind HP and Lenovo in the worldwide PC market. Its stock dropped 31 percent last year alone.
However it does not appear that all is lost. Incoming bids signal that there may be something worth fighting for in the business of Dell and its brand.
The bids increased the offered price per share from $13.65 to $14.25 by Blackstone and $15 by Ichan.
The fun will begin when the bidding is over and we see where the company is headed. Competitive bids turn the buyout from a pity party into an opportunity to reclaim the company’s leadership.
The Equifax hack Tom Dougherty, CEO - Stealing Share 20 September 2017 Equifax waits six weeks, blows its brand promise Data breeches suck. No one appreciates it when hackers break into a company and retrieve your personal information. Then you change passwords,...
Rolling Stone magazine Tom Dougherty, CEO - Stealing Share 19 September 2017 Rolling Stone magazine seeking change with sale Last week, my oldest son wrote a guest blog. His post, something special to his heart, highlights the music review site, Pitchfork. I...
Goose Island beer Tom Dougherty, CEO - Stealing Share 18 September 2017 Goose Island beer sorta gets microbrew drinkers If there’s one thing we know about microbrew drinkers, it’s that they are always trying something new. For that reason, the Goose Island beer ads...