BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Xerox copies Dell for a big M&A deal]]>http://www.bloggingstocks.com/2009/09/28/xerox-copies-dell-for-a-big-manda-deal/http://www.bloggingstocks.com/2009/09/28/xerox-copies-dell-for-a-big-manda-deal/http://www.bloggingstocks.com/2009/09/28/xerox-copies-dell-for-a-big-manda-deal/#commentsFiled under: , ,

In the global tech industry, the services business has become a strategic asset. Last week, Dell (NASDAQ: DELL) agreed to shell out a whopping $3.9 billion for Perot Systems (NYSE: PER).

Now, there's another biggie deal: Xerox (NASDAQ: XRX) has agreed to pay $6.4 billion for Affiliated Computers Services (NASDAQ: ACS). Just like Dell, Xerox's core hardware business is undergoing lots of pressure. So why not expand into something else?

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Xerox copies Dell for a big M&A deal originally appeared on BloggingStocks on Mon, 28 Sep 2009 13:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Affiliated Computers ServicesDELLinthenewsPERPerotXeroxXRXMon, 28 Sep 2009 13:00:00 EST<![CDATA[So how much did the Perot family make off the Dell deal?]]>http://www.bloggingstocks.com/2009/09/22/so-how-much-did-the-perot-family-make-off-the-dell-deal/http://www.bloggingstocks.com/2009/09/22/so-how-much-did-the-perot-family-make-off-the-dell-deal/http://www.bloggingstocks.com/2009/09/22/so-how-much-did-the-perot-family-make-off-the-dell-deal/#commentsFiled under:

Dell's (Nasdaq: DELL) acquisition of Perot Systems (NYSE: PER) came at a nosebleed valuation of $3.9 billion. In fact, it will probably make it impossible for another suitor to come to the table. In other words, the transaction is an indication of how much Dell needs Perot, so as to compete better against rivals like Hewlett Packard (NYSE: HPQ).

Of course, it's also a stellar outcome for the Perot family. How much so? Well, Bloomberg.com dug into the SEC filings to find out. Essentially, the deal boosted the family's wealth by roughly $400 million, with the total value of the equity holdings coming to $952 million.

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So how much did the Perot family make off the Dell deal? originally appeared on BloggingStocks on Tue, 22 Sep 2009 14:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>DellPerothpqinthenewsperPerotTue, 22 Sep 2009 14:20:00 EST