While you were sleeping Dell deal helps restore mood

While you were sleeping Dell deal helps restore mood
By Margreet Dietz Feb 6 (BusinessDesk) - Equities advanced on both sides of the pond as a deal led by Michael Dell to take Dell private and a potential bid by Liberty Global for Virgin Media underpinned confidence in stock valuations. Shares of Dell rose, last up 0.9 percent to US$13.395, after founder and CEO Michael Dell announced a US$24.4 billion leveraged buyout. The transaction will be financed by Michael Dell, Silver Lake, MSDC Management, a US$2 billion loan from Microsoft, the rollover of existing debt, as well as debt financing fro...