Examples of EMC Merger in a sentence
In total, Dell issued shares of Class V Stock corresponding to approximately 65% of the VMware shares it acquired in the EMC Merger.
A majority of the proceeds from Pivotal’s IPO went directly to Dell to help pay down its debt from the EMC Merger.
The Published Admissions Number are projected by the Council to be in deficit against the GLA's projections by 143 needed reception places by 2023 for Tottenham Green, Tottenham Hale, Northumberland Park, White Hart Lane and Bruce Grove wards (p.
At the time of the EMC Merger, Green was also a board member of Pivotal.
In order to reduce the cost of the EMC Merger, Michael Dell and Silver Lake crafted a proposal that would allow EMC’s stockholders to retain the majority of EMC’s ownership interest in VMware.
In the time since the EMC Merger, the value of VMware has skyrocketed.
The Class V Stock component of the EMC Merger resulted from Dell’s inability or unwillingness to raise sufficient financing to purchase EMC in its entirety.
After securing the necessary approvals, the EMC Merger closed on September 7, 2016, with Dell paying EMC stockholders$24.05 in cash as well as 0.11146 shares of newly-issued Class V Stock for each share of EMC stock.
Tucci and Green were each affiliated with EMC prior to the EMC Merger: Tucci as CEO and Green as member of EMC’s board of directors.
Since the EMC Merger, Tucci has served as a trusted outside advisor to Michael Dell and Green joined Dell’s Board.