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.
Our brand Tom Dougherty, CEO - Stealing Share 2 June 2020 Right now. OUR brand matters most of all. These are the strangest of times — none like I can ever remember or could have imagined. And I can’t help but feel the world is cascading into an...
Black Lives Matter Tom Dougherty, CEO - Stealing Share 1 June 2020 Brands surprisingly respond to Black Lives Matter, sensing change Few institutions are more wary of diving into the ocean of social issues than corporate America. So it was surprising and...
HBO Max arrives Tom Dougherty, CEO - Stealing Share 28 May 2020 HBO Max finally arrives, and what it says about streaming’s future Because we're all being shut in to prevent the spread of COVID-19, streaming TV is booming. And new services are popping up...