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Dell To Go Private in $24.4B Deal
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FBN's Diane Macedo breaks down late-morning market news.
- Duration 0:56
- Date Feb 5, 2013
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FBN's Diane Macedo breaks down late-morning market news.
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Hi everyone I'm Diane okay about business -- isn't this still valid going private in one of the largest leveraged financing the financial crisis.
The more than 44 billion dollar deal is being led by -- -- featuring Michael.
Dell the founder of the area company and private equity giant silver lake partners Microsoft lawful loans -- two billion dollars as part of the plan.
Shares of MasterCard -- getting a boost after the company announced its doubling its quarterly dividend.
MasterCard will now pay out sixty cents a share up from the previous thirty cents the company will also repurchase up to two billion dollars of class -- common -- And we have several big earnings coming after the bell today including triple play that company's expected to report a profit of one dollar 95 cents a share on revenue of nearly 699.
Million dollars for the fourth quarter.
Meanwhile Walt Disney is forecast to post earnings of 76 cents on revenue of eleven point two billion dollars.
I've that the latest from the Fox Business Network giving you the power to --