NEW YORK ( TheStreet) -- Dell (DELL - Get Report) shares jumped 2.1% to $13.11 on Tuesday following news that Microsoft (MSFT - Get Report) may invest as much as $3 billion in an eventual takeover of the struggling PC maker.
CNBC's David Faber is reporting that Microsoft may invest anywhere between $1 billion and $3 billion as part of a private-equity bid for Dell. The form of the investment would be mezzanine financing, which is defined as financing in the form of debt that converts to equity should the debt not be paid back on time and in full.
Shares of Microsoft ticked lower following the reports, off 0.39% to $27.15.
Research In Motion (RIMM) shares soared, gaining 8.9% to $17.25 followings reports that CEO Thorsten Heins would consider licensing out BlackBerry's operating system, if it made sense. The German newspaper Die Welt questioned Heins what took Research In Motion so long to make a new operating system, and Heins explained the company had to make it future proof for the next 10 years. The prospect of licensing the new OS was brought up, as Microsoft does with Windows. "Before you licensed the software, you must show that the platform has a large potential," Heins told Die Welt. "First we have to fulfill our promises. If such proof, a licensing is conceivable."