60 days for a higher bid
At that price, Dell would be paying 27 % above EMC’s share price when the news broke last week. If the deal is finalized, EMC’s share would no longer be on the stock market, similar to how Dell disappeared from the stock market 2 years ago when Michael Dell paid 25 billion dollars (22 billion euro) for the company.
Dell would have to take out a huge loan, of 40 billion dollars (35 billion euro) to get the deal done, but it has not talked to any bank yet.
In any case, EMC still has 60 days to find a better offer, which is a way to avoid future claims that the company was sold to Dell below its value.
