/// PC Slide Doomed a Blackstone-Dell Tie

April 19, 2013  |  All Things Digital

It really was that bad. That was the conclusion Blackstone Group LP reached about Dell Inc. after it set a small army off to decide whether the private-equity firm should bid for the computer maker. Blackstone on Thursday told a special Dell board committee negotiating a sale of the company that, after weeks of review, it wouldn’t be moving ahead with a bid. It cited an “unprecedented” decline in PC sales and Dell’s “rapidly eroding financial profile.” Read the rest of this post on the original site »

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PC Slide Doomed a Blackstone-Dell Tie

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