Reuters Breakingviews delivers agenda-setting financial insight. Its global correspondents react to stories as they develop, delivering sharp and provocative commentary on big financial news as it breaks.
Dell is a pretty good business (selling information technology to companies and governments) tied up with a pretty bad one (selling personal computers). The company’s boss, Michael Dell, wants to take the whole bundle private for $24-billion (U.S.). Other Dell shareholders must assess whether that’s a good price before deciding whether to tender their shares. Unfortunately, they currently lack a crucial piece of information: exactly how good the good business is, and how bad the bad business is.