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(Paul Sakuma/The Associated Press)
SCOTT BARLOW
Dell deal highlights logic of privatization
SCOTT BARLOW
— The Globe and Mail
Published
Last updated
A pair of deals announced this week highlight the two major categories of merger-and-acquisition activity. The Liberty Media Corp.’s acquisition of Virgin Media assets represents a conventional “buy market share when organic growth slows” strategy. The second, Dell Inc.’s attempt to go private, is far more interesting. It calls into question the advantages of being a public company at a time when corporate debt remains so cheap.