Blackstone Group has ended its two sources familiar with the matter told Reuters, paved the way for private equity firms Silver Lake and company founder Michael Dell purchased the world's third-largest PC maker Dell pursuit.
Blackstone pulled out just one month after it first launched attempts to challenge billionaire, private purchase, and he founded the PC makers in the face of a rapid contraction of the PC market, and its struggle.
It is not clear why Blackstone Group has been negotiating with potential partners to make a play of the personal computer maker, decided to withdraw. Billionaire Carl Icahn (Carl Icahn) has also taken a significant stake in the company to oppose the efforts of Michael Dell.
Activist investor Icahn, and Blackstone alternatives to keep the part of the public companies, although they work together held preliminary talks.
Icahn has proposed $ 15 a share Dell's 58%, while the Blackstone Group said it can pay more than $ 14.25 per share. The two transactions involving the company to carry a lot of debt, and keep it on the open market. Silver Lake Investment Group of 13.65 yuan per share cash offer for will see Dell privatization.
Blackstone and Silver Lake declined to comment. Dell could not immediately be reached for comment outside regular business hours.
Dell's innovative model is considered to be the beginning of the 21st century, but recently have been trying to make up for the decline in global PC market share. The company is currently working themselves into an enterprise computing service providers, to reduce its dependence on PC sales.
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