Recode : Privately held Dell is expected to announce Monday a takeover of storage technology firm EMC in a deal worth more than $50 billion.
For a deal expected to be the largest tech deal of all time, it is telling that top executives at Dell, who would have normally been consulted ahead of the deal announcement were not informed of the talks. Many of them were traveling overseas when the news first leaked, sources briefed on the talks. The talks between the companies have been conducted directly between CEOs Michael Dell and EMC’s Joe Tucci, sources told Recode. Click here to know more.
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