Tuesday November 10, 2015

Dell-EMC Deal Threatened By Possible $9B Tax Bill

I'm no expert when it comes to mega-mergers like this, but you sure would think that all the big brains at Dell would already have a plan in place in case this happened.

Dell Inc's $67 billion offer to buy data storage company EMC Corp (EMC.N) could be derailed by a tax bill of up to $9 billion, technology news website Re/code reported, citing sources familiar with the matter on Tuesday.