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February 5, 2013

Dell makes really big deal to go private

  • $24.4B the amount of the deal Dell made to take itself private. The longtime computer manufacturer, which was one of the driving forces behind the growth of the PC industry and one of the most prominent early clone-makers, has now by bought by a group that includes the company’s founder, Michael Dell, and the company that makes much of the computer company’s software, Microsoft. 
  • $13.65 the amount per share that Dell shareholders will receive in the deal, which is nearly $3 more than the stock’s closing price on January 11, the day rumors about its going private were first released. source
9:54 // 1 year ago
October 28, 2011

Thailand flooding has devastating effect on major industries

  • 4.1% the projected growth forecast in Thailand prior to the floods
  • 2.6% the projected growth forecast after the devastating floods source

» A harsh effect, a long reach: With the Thailand floods causing billions of dollars in damage and putting numerous people out of work, Among other industries, the auto industry and the computer industry could suffer significantly due to the Thai flooding. Hard drives could rise in price by up to 40 percent, and car manufacturing plants as far away as North America have had to shut down as a result of the floods — and it’s so bad, some companies are considering sending Thai workers to Japan to continue their work. Many expect the drop in Thailand’s growth forecast to be a sign that the country plans to enact measures to support the economy.

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8:04 // 2 years ago