Dell to Buy Perot Systems for $3.9B
Dell plans to buy Perot Systems for $30 a share, a premium of about 68% to Perot's closing stock price Friday of $17.91.
ROUND ROCK, Texas (
) --
Dell
(DELL) - Get Report
said Monday it reached an agreement to acquire
Perot Systems
(PER) - Get Report
for about $3.9 billion, or $30 a share.
The offer is a premium of about 68% to Perot's closing price Friday of $17.91.
The boards of both companies approved the deal Sunday.
-- Reported by Joseph Woelfel in New York
.
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